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KUALA LUMPUR: S&P Global Ratings expects the coronavirus outbreak to impact China's economic growth the most in the first quarter of this year and estimates GDP growth to fall to 5% as the death toll reached 636 on Friday with 73 more deaths recorded the previous day.
BEIJING (Reuters) - The rapidly spreading virus in China and a shortage of medical resources are prompting people to resort to unorthodox ways to obtain treatment, with some appealing to HIV patients and unauthorized importers for medicine.
WUHAN: The new strain of coronavirus in China may be spreading from person to person via the digestive system, Xinhua reported on Sunday (Feb 2), citing medical experts.
THE annual per capita disposable income of China has surpassed $30,000 renminbi (RM17,687) for the first time last year, said Lu Shiwei.
BEIJING (China Daily/ANN): China may soon enforce the revised rules for qualified institutional investor programmes and allow foreign access to almost all major financial assets, levelling the playing field for domestic and foreign institutional investors, officials and experts said.
HONG KONG: The year of the rat, soon to be kicked off after China’s lunar New Year, is lining up to be a strong year for China’s currency and its government bonds.
KUALA LUMPUR: The ringgit opened easier against the US dollar today due to subdued risk appetite among traders, as doubts emerged on the extent of tariff reductions in phase one trade deal between the United States and China.
WASHINGTON: The US Treasury Department on Monday said China should no longer be designated as a currency manipulator in a long-delayed semi-annual currency report, reversing an August finding that had roiled financial markets.
WASHINGTON (AFP): The United States on Monday (Jan 13) removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict.