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Coronavirus: does China have the financial power to repair the economic damage caused by the outbreak?

Summary:
[unable to retrieve full-text content]The coronavirus outbreak is expected to significantly worsen China’s fiscal situation that is already under pressure from an economic slowdown, raising the question over whether Beijing can afford to loosen the purse strings to help, analysts said.Production in the world’s second largest economy has been largely halted in a bid to contain the spread of the coronavirus, which has infected nearly 45,000 people and killed over 1,100 across the country.Such measures have disrupted many of China’s…

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[unable to retrieve full-text content]
The coronavirus outbreak is expected to significantly worsen China’s fiscal situation that is already under pressure from an economic slowdown, raising the question over whether Beijing can afford to loosen the purse strings to help, analysts said.Production in the world’s second largest economy has been largely halted in a bid to contain the spread of the coronavirus, which has infected nearly 45,000 people and killed over 1,100 across the country.Such measures have disrupted many of China’s…

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