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Coronavirus

Corporate China opens its wallet to fight coronavirus outbreak

Companies hope donations please investors and Xi Jinping

TOKYO -- The deadly coronavirus outbreak is giving China Inc. a chance to show its charitable side -- and score points with Beijing and social conscious shareholders in the process.

Around 130 listed companies have pledged about 725 million yuan ($104 million), either in cash or in kind, as of Thursday morning, according to a Nikkei Asian Review tally of official disclosures on the Shanghai and Shenzhen stock exchange websites.

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