Drop in China's new coronavirus cases; none in Hubei for sixth day

Drop in China's new coronavirus cases; none in Hubei for sixth day
  • Clock-gray 09:00
  • calendar-gray 30 March 2020

Mainland China reported a drop in new coronavirus infections for a fourth day as imported cases fell, while authorities shut the borders to foreign travellers and drastically slashed the number of international flights, APA reports quoting Reuters.

Sunday’s figure of 31 new cases, including one locally transmitted infection, was down from 45 the previous day, the National Health Commission said. Four deaths took the toll to 3,304, from 81,470 infections, it added in Monday’s statement. 

With decreasing numbers of infections, policymakers are scrambling to revitalise an economy nearly paralysed by months-long curbs to control the spread of the flu-like disease. 

On Monday, the Chinese central bank unexpectedly cut the interest rate on reverse repurchase agreements by 20 basis points, the largest in nearly five years. 

The government is pushing businesses and factories to reopen, as it rolls out fiscal and monetary stimulus to spur recovery from what is feared to be an outright economic contraction in the quarter to March.

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