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

February 17, 2020 | BY

Vincent Chow

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

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E-commerce

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,