In the News: Grim Economic Prognosis; Mastercard Approval; and Digital Currency Patents

Coronavirus drags down Chinese economic growth forecast; Mastercard approved to set up card clearing business in China; and PBOC files patents ahead of digital currency rollout

6 minute readFebruary 17, 2020 at 01:02 AM

Vincent Chow

In the News: Grim Economic Prognosis; Mastercard Approval; and Digital Currency Patents

Chinese economy hit hard by coronavirus epidemic

The number of confirmed coronavirus infections in China surged massively last week as Hubei province switched to a new set of diagnosis criteria, inflating the total figure to more than 68,500 cases and 1,665 death as of Feb.

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