China lost $30 billion due to natural disasters in first nine months of 2026
China's direct economic losses from natural disasters totalled 199.36 billion yuan ($29.9 billion) in the first nine months of 2026, the Ministry of Emergency Management said on Thursday, adding that extreme disasters included typhoons, flooding and heavy rainfall and geological disasters.
Farah Master Reuters
the Beijing Newsroom / Reuters
22 October 2026 at 14:09:47
HONG KONG - China's direct economic losses from natural disasters totalled 199.36 billion yuan ($29.9 billion) in the first nine months of 2026, the Ministry of Emergency Management said on Thursday, adding that extreme disasters included typhoons, flooding and heavy rainfall and geological disasters.
The ministry said 562 people had died or were missing from the deadly Nepal-Tibet disaster in August, leaving the toll unchanged from a previous announcement.
($1 = 6.6743 Chinese yuan)
-Farah Master and the Beijing newsroom/Reuters
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