China may not be as wealthy as you might think. Read between the lines in this excerpt from a Bloomberg story. The pressure is on. If the Chinese don't respond, it is because they can't.
. . . China's response. It's no mystery that Beijing wants to boost ties here in Asia. The devastation from last weekend's tsunamis is a perfect chance for China to go further in selling its economy as a modern, benevolent one.
Yet China may have to do more than donate 21.63 million renminbi ($2.6 million) in disaster relief and send emergency search and rescue experts to the region. While it's a generous offer in light of China's challenges, this is an opportunity for China to score big points with neighbors. Will it rise to the occasion?