China central bank sees temporary economic impact from virus, pledges support measures

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China central bank sees temporary economic impact from virus, pledges support measures
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China central bank says will keep liquidity ample, sees temporary economic impact from virus

FILE PHOTO - Headquarters of the People's Bank of China , the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee

It added that the impact from the epidemic on the broad economy should be temporary. So far, the virus has claimed the lives of nearly 260 people. The virus outbreak will have a short-term and temporary impact on the country’s financial markets, said Cao Yu, vice chairman of the China Banking and Insurance Regulatory Commission , in a separate statement made on Saturday.

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