The virus is hitting China's movie theaters hard, and it's just one small part of the economy Beijing is scrambling to support

Beijing scrambles to support Chinese economy as coronavirus outbreak batters business

The closures are part of an effort to limit the spread of the virus as it's already killed

Policymakers have less room for action than in 2003, since economic growth is slowing now, Bruce Pang, head of macro and strategy research at China Renaissance, said in a phone interview last week, according to a CNBC translation of his Mandarin-language remarks. The theater group has two other locations in more rural areas, including one that opened just before the Lunar New Year, the manager said. Each venue hired about five additional agents for the holiday, and the theater in the city used the occasion to complete needed equipment upgrades, the manager said.

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