World stocks, which had seen rounds of selloffs due to the coronarivus’ impact on China’s economy and ripple effects round the world, kept rising towards record highs on Zhong’s comments. CHINA STILL IN “EMERGENCY” – WHOBut Tedros was less sanguine, saying the coronavirus should be regarded as akin to a terrorist attack. With travel curbs, lockdowns and production suspensions all affecting China’s economy, many were trying to calculate and predict the probable impact. The World Bank ruled out any new health loans to China, though technical assistance would be offered. “China has its own large international reserves,” its president, David Malpass, told Reuters, wishing China well in handling the crisis.

Source: National Post February 11, 2020 16:07 UTC