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5 Mar 2020
China’s envoy: China to see strong economic rebound after coronavirus
China’s ambassador to Canada Cong Peiwu told Reuters on Wednesday, China will stage a quick economic rebound once the new coronavirus outbreak has passed because it is still fundamentally healthy.
Key quotes:
The impact on the Chinese economy will be temporary and short lived.
Hopefully across the nation we’ll see a strong rebound in the not-too-distant future.
After several weeks of fighting against this disease, the message is that COVID-19 is a virus that can be contained.
It’s a common challenge. We have to fight against the disease together.
- USD/CNH recovers from six-week low amid recovery in trade sentiment