Besides the human cost, natural disasters are causing ever more damage to China’s economy.
Excavators operating to repair collapsed roads in flood-hit areas in Fangshan District, Beijing, August 4, 2023. Credit: VCG via Getty Images
Climate change is taking an increasing toll in China. Natural disasters caused some $49 billion worth of economic losses during 2023, according to the country’s emergency management ministry, up by 44 percent from 2022. An earthquake in Gansu province in December, which caused 151 deaths and a further 23,000 displaced from their homes, rounded out a dismal year.
The frequency of weather-related events has been rising, although improvements in China’s emergency preparedness has at least he
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