Exclusive: Hundreds of Chinese businesses seek billions to contend with coronavirus - sources
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BEIJING (Reuters) - More than 300 Chinese companies are seeking bank loans totalling at least 57.4 billion yuan (6.4 billion pounds) to help to soften the impact of the coronavirus outbreak in China, two banking sources said.Authorities have cordoned off cities, suspended transport links and shuttered facilities where crowds gather, hammering economic growth that one senior economist said could slow to 5% or less in the first quarter. Extended factory closures, meanwhile, will slow manufacturing..