Tribu … “the reborn”

March 6, 2008

China Banks Lend $14B for Storm Reliefs

Filed under: News - kyamz @ 9:56 am

  • photo * video * slideshow In this photo released by China’s Xinhua News Agency, a farmer walks past the broken fruit trees in Chenzhou, central China’s Hunan Province, Monday, Feb. 4, 2008. (photo: AP / Xinhua, Zhao Zhongzhi) Bank China Disasters Photos Slideshow Storm China Banks Lend $14B for Storm Relief Philadelphia Daily News Read Full Article The Associated Press BEIJING - Chinese banks have lent more than 102 billion yuan ($14.4 billion) to help rebuild areas battered by winter storms, a state news agency reported Thursday. The loans are aimed at restoring farms, transportation, power, phone service and other industries across China’s south, the Xinhua News Agency said, citing information from government regulators. The snowstorms that began in January killed at least 107 people and wrecked crops, killed 69 million farm animals,…

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