The China development Bank will issue bonds to combat coronavirus

China development Bank is preparing a bond issue in the amount of 14.25 billion yuan (about 2 billion US dollars at current exchange rates). The purpose of the placing is to raise funds to fight the new type of coronavirus.

the maturity of the special bonds will be for one year, said Reuters.

the Number of people infected with coronavirus in China exceeded 20,4 thousand people, the number of deaths has risen to 425, said Tuesday the State Committee of health of the PRC.

the Proportion of deaths in the total number of people infected with pneumonia caused by a novel coronavirus, in China of 2.1%, which is significantly lower than when the disease atypical pneumonia (SARS), said the official representative of the foreign Ministry of China Hua Chunying, reports TASS.

Despite the fact that the number of new cases of infection with coronavirus is increasing, the mortality rate in China is very low — only 2.1% [of total cases], significantly lower mortality rates from diseases such as Ebola, severe acute respiratory syndrome (SARS, or SARS, also known as SARS) and middle East respiratory syndrome (MERS)”, — quotes on Tuesday, her words the website of the Chinese foreign Ministry.

“At present, the amount recovered is constantly increasing. We are fully confident in their ability to win the fight against the epidemic”, — said Hua Chunying.

the Diplomat also pointed out that “China’s efforts in the fight against the outbreak got recognition from the world health organization (who) and the international community.”