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China reports 143 more deaths, 2,641 additional cases

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All times below are in Beijing time.

2:10 pm: China says it will tolerate more bad loans

China’s central bank says lenders will accept higher levels of bad loans in a bid to support firms affected by the virus outbreak, according to a Reuters report.

It said that situation will be manageable as China has a relatively low bad loan ratio, the report said.

He added that the problem will be manageable as China has a

relatively low bad loan ratio.

12:55 pm: China bans insurers from offering virus-specific products

China’s deputy chair of the banking and insurance regulator, Liang Tao, said Saturday at a press conference that there are…



Source cnbc.com

US industrial production January 2020

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