Taiwan plans $2 billion package to soften coronavirus hit to economy

TAIPEI - Taiwan plans to spend T$60 billion to help cushion the impact of the new coronavirus on its export-reliant economy, offering loans to small businesses and even vouchers to spend on food at night markets.

It has reported just 18 cases of the virus and no deaths, but has largely suspended travel and tourism links with China to curb its spread. China has reported more than 1,300 deaths. “The spread of the virus in mainland China is set to have some impact on Taiwan industries,” Wu Ming-huei, deputy research director of the National Development Council told a news conference, while adding the impact would be less serious than that of SARS.The outbreak will knock 0.35% to 0.5% off GDP this year if it lasts for three months from the end of January until April, Wu added.

On December 31, 2019, the first case of Wuhan coronavirus (2019-nCoV) was reported. By mid-February 2020, it reached a mild-pandemic level that had killed more than 1,000 people in China and the world over. Facts CoronavirusOutbreak

During the time of Lunar New Year, the Spring festival of China, a deadly outbreak of the coronavirus has emerged in the city of Wuhan. The question then arises,'What is the coronavirus? How dangerous is it?.' Facts Coronavirus Health Epidemic

Taiwan numba 1. China numba 4

They're not taking care of people. They're maintaining their ant farm. They don't give a shit about people.

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