Costs of natural disasters in China surge to $69 billion

Posted by Washington Post: Juliet Eilperin on February 24th, 2014
Reuters: Natural disasters including droughts, floods and earthquakes cost China 421 billion yuan ($69 bln) in 2013, official data showed on Monday, nearly double the total in the previous year. China has always been prone to natural disasters but a changing climate is causing more extreme weather, which hits food production, threatens scarce water resources and damages energy security, according to the government. Data released by the National Statistics Bureau showed flooding and mudslides cost China......

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