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Bank of Japan guv Haruhiko Kuroda.
Share costs in Asia have actually reversed early losses after Japan’s reserve bank promised to support markets.
It comes after official data revealed that Chinese factory activity fell in February at the fastest rate on record.
On Friday the US Federal Reserve made a similar pledge to step in to stop even more huge falls on the world’s financial markets.
Last week issues about the outbreak cleaned more than $5 trillion from global stocks.
In an unusual emergency statement, Bank of Japan (BOJ) Governor Haruhiko Kuroda stated the reserve bank would take required steps to stabili