Chinese businesses turn to bank loans to deal with virus impact

Experts say economic growth could slow to 5% in the first quarter. FMTNews

Central Bank of China has injected cash into banking system to shore up market confidence.

China is fighting to contain the epidemic, which has killed more than 900 people, the vast majority on the mainland and infected more than 40,000. Meituan Dianping is seeking 4 billion yuan, partly to help to finance free food and delivery to medical staff in Wuhan, the epicentre of the outbreak in central Hubei province.Facial recognition

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