Reuters reported this week that Xi had warned officials on Feb. 3 that efforts to contain the new coronavirus had gone too far, threatening the economy. Those comments came days before Beijing rolled out measures to soften the blow.
His Feb. 3 speech to the Politburo’s Standing Committee was published in full by the leading Communist Party theoretical journal Qiushi on Saturday. It showed how Xi had urged officials to roll out policies to support the economy even as they worked to control the spread of the coronavirus. He also said it was necessary to increase financial support, such as preferential policies for loan interest rates and terms, and get migrant workers in major industries back to work.
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