China has ordered all its government departments to cut planned spending by five per cent this year to free up funds for the massive reconstruction effort that will be needed to clean up from last week's deadly earthquake. - An estimated five million people lost their homes when the 7.9-magnitude quake struck in the central Sichuan province on May 12. Offices, factories and schools were reduced to heaps of rubble, with Chinese businesses losing an estimated $9.5 billion US. - The Chinese cabinet said it will redirect the money gleaned from spending cuts to a reconstruction fund that is expected to top $10 billion US. - In one of the most elaborate reconstruction plans, the government plans to rebuild devastated Beichuan city in a new location, state news agency Xinhua reported Wednesday. - The mounds of ruins that lie where Beichuan once stood will be left as a monument to the thousands of residents killed in the city. - "Safety is...