China to Support Markets as Coronavirus Spreads

The transcript discusses the rapid increase in coronavirus infections, surpassing 14,000 cases and over 300 deaths, with the first death outside China reported in the Philippines. Global responses include quarantine measures, travel restrictions, and flight suspensions. Economic impacts are significant, with markets reacting to the outbreak. The PBOC and other regulators are implementing measures to stabilize markets, including liquidity injections and interest rate adjustments. The travel and hospitality sectors are particularly affected, and authorities urge rational investor behavior.

What was the significant development regarding coronavirus cases outside China?

• The first known case in Europe

• The first known case in Africa

• The first known death outside China

• The first known recovery outside China

Which city outside Hubei imposed quarantine measures due to the coronavirus outbreak?

• An eastern port city

• Beijing

• Shanghai

• Wuhan

What action did the PBOC take to stabilize the Chinese markets?

• Increased taxes

• Provided liquidity

• Decreased interest rates

• Banned stock trading

Which sector is expected to be most affected by the coronavirus according to economists?

• Education

• Technology

• Travel and hospitality

• Agriculture

What advice did regulators give to investors in light of the coronavirus outbreak?

• Look rationally and objectively at concerns

• Invest more in stocks

• Withdraw all investments

• React irrationally