China allocates 100 billion yuan to businesses affected by natural disasters

HONG KONG (Reuters) -China’s central bank on Tuesday said it would allocate 100 billion yuan ($13.93 billion) of re-lending quota to support businesses hit by natural disasters, especially small businesses and agricultural enterprises.

($1 = 7.1796 Chinese yuan renminbi)

(Reporting by Farah Master and the Beijing newsroom; Editing by Andrew Heavens)

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