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World Business Report: First broadcast 2020/02/03 01:06 GMT: Is $173bn enough to keep China's economy afloat?

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Is $173bn enough to keep China's economy afloat?

First broadcast 2020/02/03 01:06 GMT

First broadcast 2020/02/03 01:06 GMT: Is $173bn enough to keep China's economy afloat?

BBC World Service - World Business Report, Is $173bn enough to keep China's economy afloat?

China's central bank will release $173 billion to combat the effects of the coronavirus.

China's central bank will begin releasing $173 billion from today to combat the effects of the coronavirus outbreak - that's seven times the GDP of Cyprus. We speak to Eleanor Olcott, policy analyst at TS Lombard, about how effective it might be.
Food prices are rising across Asia. Independent economist Michael Hughes tells us how that will impact inflation, and food security.
And the Japanese Navy has sent its fleet to the Persian Gulf - despite the fact it's not allowed to open fire. We speak to Michael Cucek of Temple University in Tokyo.
(Picture: A woman wearing a mask in Wuhan, China. Credit: Nicolas Asfouri/AFP via Getty Images)

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First broadcast 2020/02/03 01:06 GMT: Is $173bn enough to keep China's economy afloat?

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