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 financial measures is the PBOC implementing to address market concerns?

What sectors are expected to be impacted by the coronavirus outbreak according to economists?