People's Bank helps regions hit by quake

The People's Bank of China has announced a raft of measures aimed at aiding the regions worst hit by last week's earthquake.

Though the reserve requirement ratio rose half a point to 16.5% on Tuesday, the six hardest-hit regions in Sichuan province will be allowed to temporarily keep their ratios at 16%.

Individuals and businesses defaulting on loan payments due to the quake would not be held accountable.

The central bank pledged Rmb1.5 billion ($215m) to Chengdu, the capital of Sichuan provi