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China’s top policymakers vow efforts to curb virus, counter economic impact, stabilise employment

THE WIRE WITH UP-TO-THE-MINUTE UPDATES

China's top policymakers said the country would take steps to curb the spread of the coronavirus, support companies hit by the epidemic with measures including lowering loan rate and avoid large-scale layoffs.

The standing committee of the Politburo, the country's top decision-making body, said in a meeting chaired by President Xi Jinping that China would actively expand domestic and overseas demand, optimise investment structure of the funds from local government special-purpose bond . . .

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