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By May 14, the Ministry of Civil Affairs stated that 10.7 billion yuan (approximately US$1.5 billion) had been donated by the Chinese public. Houston Rockets center Yao Ming, one of the country's most popular sports icons, gave $214,000 and $71,000 to the Red Cross Society of China. The association has also collected a total of $26 million in donations so far. Other multinational firms located in China have also announced large amounts of donations.

How much money had been donated by May 14?
10.7 billion yuan