China central bank sees temporary economic impact from virus, pledges support measures
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SHANGHAI (Reuters) - China's central bank said it will use various monetary policy tools to ensure liquidity remains reasonably ample, and added that the broader economic impact from a fast-spreading coronavirus outbreak in the country should be temporary.In multiple statements issued on Saturday afternoon, the People's Bank of China (PBOC) said that it will appropriately lower lending rates to support firms affected by virus outbreak. It added that the impact from the epidemic on the broad..