China's central bank said Sunday it will supply 1.2 trillion yuan (about $173.8 billion) to money markets the following day, as the country's government struggles to combat an outbreak of a new pneumonia-causing coronavirus.Amid growing fears that the world's second-biggest economy will face a sharp downturn in the aftermath of the virus spread, the latest move by the People's Bank of China is apparently aimed at securing the stability of financial markets on Monday.The Chinese economy has already slowed due largely to a nearly two-year-long tit-for-tat trade war with the United States, mak…READ FULL ARTICLE
