China allocates $10B for coronavirus fight

FAN Editor

BEIJING (Reuters) – China’s finance ministry said on Sunday all levels of government had allocated a total of 71.85 billion yuan ($10.26 billion) as of Saturday afternoon to fight coronavirus.

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The ministry will deploy the funds to ensure that members of public can afford diagnosis and treatment, it said in a statement on its website.

CORONAVIRUS TO AXE $280B FROM GLOBAL WEALTH ENGINE

The funds will also be used to ensure that efforts of every region to fight the virus are not hampered by financial constraints, it added.

A child cries as he waits in line to board a plane for Beijing at the airport in Hong Kong on Sunday, Feb. 9, 2020. China’s virus death toll rose above 800, passing the number of fatalities in the 2002-2003 SARS epidemic, but fewer new cases were rep

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($1 = 7.0003 Chinese yuan renminbi) (Reporting by Judy Hua and David Stanway; Editing by Mark Potter)

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