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Xi, viruses will have great economic impact

2020-02-23T13:24:11.062Z


The coronavirus epidemic will "inevitably have a great impact on the economy and society", but the effects will be "short-term and controllable". (HANDLE)


(ANSA) - BEIJING, FEBRUARY 23 - The coronavirus epidemic will "inevitably have a great impact on the economy and society", but the effects will be "short-term and controllable". President Xi Jinping, in a video link with 170,000 central, local and military officials, said the government will strengthen policies to reach the 2020 development targets. China, in the official media report, will also maintain a "prudent monetary policy" and put in place new measures at the most appropriate time, such as a tax cut for SMEs in need.

Source: ansa

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