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CNBC BusinessFeb 16, 2020
Americans begin evacuating quarantined cruise ship in Japan; Taiwan confirms first coronavirus death
China's National Health Commission reported that there were 2,009 new confirmed cases of the coronavirus and 142 additional deaths as of Feb. 15.

Yahoo BusinessFeb 15, 2020
Global Economic Policy Direction Now Hinges on China's Next Move
(Bloomberg) -- The broad policy direction for many of the world's central banks and governments now hinges on one question: how will the Chinese government respond to the economic shock caused by the coronavirus?The Communist Party's elite Politburo has urged the nation to meet its economic targets this year, an imperative that could shake the government's recent reluctance to fire up large-scale stimulus.If it translates into an all-out loosening of monetary policy and a ramp up in government spending, key trading partners that have been slammed by the hit to exports, supply chains, commodities and tourism may see short-term pain followed by a rapid snap back.The economic shock is expected to dominate discussions at this week's meeting of finance ministers and central bankers at a Group of 20 summit in Riyadh, Saudi Arabia. International Monetary Fund Managing Director Kristalina Georgieva on Friday suggested there may be a need for "synchronized or, even better, coordinated measures to protect the world economy."Much depends on which levers China pulls. Near-term options include further cuts to central bank funding rates and more tax relief to hard-hit sectors as well as flush liquidity for the financial system. The emphasis for now remains on not over-doing it, though there are signs the resolve is softening.The People's Bank of China could further cut the proportion of deposits banks must hold as reserves. Local governments are being allowed to speed up bond sales to fund infrastructure li
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