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China will step up counter-cyclical adjustments to help ease the impact of the coronavirus outbreak and prevent the economy from slipping out of a reasonable range, said Chinese President Xi Jinping on Sunday, according to state broadcaster CCTV.
“The outbreak of novel coronavirus epidemic will inevitably have a major impact on the economy and society,” Xi said, adding that the impact would be short-term and controllable.
"The epidemic is the fastest and most widely spreading epidemic and most severe challenge since the establishment of the People's Republic of China," he said. “It . . .
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