Policymakers predict rapid recovery

By Chen Jia | China Daily | Updated: 2020-02-24 03:03Chinese policymakers expect a quick recovery of economic growth after the novel coronavirus pneumonia epidemic is contained, as the country has made a series of strong policy adjustments to counter downward growth pressure.Chinese central bank officials and heads of global financial organizations agreed that the impact of the pneumonia-causing virus on the Chinese economy will be limited and short-lived.”The impact of the outbreak on the Chinese economy will mainly be in the short run,” Chen Yulu, vice-governor of the People’s Bank of China,…

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