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$500,000 was the initial pledge on Tuesday prior to knowing any real information about the extent of the damage and the need and whether China was even willing to accept it (they, like the U.S., haven't historically been keen on taking foreign aid after disasters).
As much as Bush sucks, during his administration, the U.S. hasn't been stingy with relief aid and money following natural disasters. I'm sure that if more money is needed (China, after all, does have a several metric ****loads of cash on hand), it will be forthcoming.
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