China Business Now丨Death toll in Henan rainstorms hit 302; IMF approves historic $650 billion SDRs

The death toll from torrential rains in central China's Henan province has risen to 302 and another 50 people remain missing as of Monday noon. The State Council, China's Cabinet, announced on Monday that it had set up an investigative team to look into the Zhengzhou flood and evaluate the disaster-response process.