China Attempting To Stabilise Corona Infected Economy

Exclusive: As virus fallout widens, China readies more measures to stabilize economy - sources https://t.co/Cq3sRwYSr0 pic.twitter.com/yuANLx7uBF

— Reuters (@Reuters) February 4, 2020

Measures include:

- loosening monetary policy
- reducing growth forecasts
- increasing government expenditure
- reducing banks' capital requirements
- cutting taxes