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BREAKING NEWS

Coronavirus negatively impacts China's economy

By REUTERS

FEBRUARY 3, 2020 05:09

BEIJING - China's economy is facing increasing negative impact from the virus outbreak, especially on consumption, a vice chairman of the country's state planner said on Monday.

Lian Weiliang of China's National Development and Reform Commission said during a press briefing the impact from the outbreak will be for the short term and that China is fully capable of minimizing the economic impact from the outbreak.

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