China’s Coronavirus Cases Rise to 77,150

The video discusses the current state of the virus outbreak in China, highlighting the number of infections and deaths, particularly in Hubei province. It notes a trend of moderating infection rates and mentions over 25,000 recoveries. Expert John Nanshan suggests the trend may continue but warns of potential future peaks. The Chinese government is implementing financial measures, including special bond issuance and tax cuts, to support economic growth and meet 2020 targets.

What measures is the Ministry of Finance planning to implement in response to the crisis?

What is the significance of the PBOC's statement regarding monetary policy?