China’s Pres. Xi: The coronavirus is a “major test” for China - Xinhua
|China’s state-run news agency, Xinhua, carried a story on Tuesday, citing comments from the country’s President Xi Jinping, delivered in a Monday meeting with top Chinese officials on the coronavirus outbreak.
Xi noted: “The outbreak is a major test of China's system and capacity for governance, and we must sum up the experience and draw a lesson from it.”
The meeting resulted in a call to improve China's public health and emergency management system, an overhaul of environmental sanitation and a crackdown on illegal wildlife markets and trade, Xinhua added.
Yuan on a road to recovery
Amid ongoing China’s coronavirus scare, the yuan is rebounding alongside the Chinese stocks after Monday’s steep losses.
At the press time, USD/CNY corrects sharply from a two-month high of 7.0259 to now trade near 7.0025 region, down 0.26% so far.
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