China's
The People's Bank of China
PBOC
AxiCorp
Stephen Innes
Chinese
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No matching tags
BEIJING
Beijing
Wuhan
Shanghai
China
Lunar New Year
the Lunar New Year
China's central bank announced plans Sunday to inject 1.2 trillion yuan ($173 billion) into the economy to cushion the shock to financial markets from the outbreak of a new virus when trading resumes on Monday after a prolonged Lunar New Year holiday. In a separate statement Saturday, the PBOC said that while markets would reopen, financial institutions should follow local quarantine regulations and try to minimize gatherings to reduce risks of spreading the virus, which has infected more than 14,000 people and killed more than 300.
As said here by The Associated Press