China's central bank in emergency stimulus to cushion coronavirus fears

China's central bank will injected RMB1.2 trillion (A$258 billion) into the Chinese economy to cushion damage from coronavirus fears. 

Australia's Reserve Bank is expected to keep interest rates steady but will monitor local economic damage in addition to the bushfires crisis. 

Dr Timo Henckel, chair of the RBA "shadow board" at the Australian National University speaks with ABC's Peter Ryan. 

Source: People Bank's of China 3 February 2020