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China’s Xi pledges $2 billion to help fight coronavirus

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Tuesday, 19 May, 2020, 00:30
China’s Xi pledges $2 billion to help fight coronavirus

Chinese President Xi Jinping said Monday that his country will provide $2 billion over two years to help other countries respond to the impact of the coronavirus pandemic.
The leader of the world’s second-largest economy, where the disease known as Covid-19 emerged late last year, was speaking via video conferencing at the opening ceremony of a key World Health Organization meeting.
“China will provide $2 billion U.S dollars over two years to help with Covid-19 response, and with economic and social development in affected countries, especially developing countries,“ Xi said, via an official English translation.
Xi added that when a vaccine for the disease is available, it “will be made a global public good.” Some Chinese companies are at the forefront of development and testing for a Covid-19 vaccine.