EMs trust China’s virus steps to keep the rally going

INSUBCONTINENT EXCLUSIVE:
are working. Gauges of stocks, bonds and currencies in developing economies all rose in the five days through Friday as raw-material prices
had their best week this year
Chinese officials urged the nation to meet its economic targets for 2020 as Hubei province, the epicentre of the outbreak, reported a
slowing rate of new infections. Despite a rally since late January, emerging markets have underperformed stocks and bonds in the developed
nations
Currencies strengthened for the first time in four weeks, led by the Mexican peso, South African rand and Russian rubles