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The E-Sylum: Volume 23, Number 7, February 16, 2020, Article 28

CHINA DISINFECTS BANKNOTES TO STOP COVID-19

Banks in China are resorting to disinfecting and quarantining banknotes to help prevent the spread of the COVID-19 virus. -Editor

Chima ATM machines China is disinfecting and isolating used banknotes as part of efforts to stop the spread of the new coronavirus that has killed more than 1,500 people, officials said Saturday.

Banks use ultraviolet light or high temperatures to disinfect yuan bills, then seal and store the cash for seven to 14 days -- depending on the severity of the outbreak in a particular region -- before recirculating them, China's central bank said at a press conference.

The virus, which has infected more than 66,000 people in China and spread to more than two dozen other countries, has sparked a rush to disinfect public places and minimise contact between people.

Pharmacies across the country sold out of disinfectants and surgical masks in just days after a lockdown was announced in late January on Wuhan city, where the COVID-19 illness is believed to have emerged.

The central bank made an "emergency issuance" of four billion yuan in new notes to Hubei province, the epicentre of the outbreak, prior to the recent Lunar New Year holiday, Fan added.

The measures are intended to "secure the public's safety and health when using cash", Fan said.

But it is unclear how wide an impact the central bank's disinfection work will have, with increasing numbers of Chinese people preferring mobile payments over cash in recent years.

To read the complete article, see:
China cleans, locks away banknotes to stop virus spread (https://news.yahoo.com/china-cleans-locks-away-banknotes-stop-virus-spread-055753358.html)

Robert Morris of Allentown, Pennsylvania passed along this Jakarta Post article. Thanks. -Editor

To read the complete article, see:
China cleans, locks away banknotes to stop virus spread (https://www.thejakartapost.com/news/2020/02/15/china-cleans-locks-away-banknotes-to-stop-virus-spread.html)



Wayne Homren, Editor

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