China’s government says companies suffered 67 billion yuan (US$9.5 billion; €7 billion) in direct losses from last week’s earthquake.
The announcement by a deputy industry minister, Xi Guohua, came during a news conference Monday.
The May 12 quake in central China’s Sichuan province killed an estimated 50,000 people.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Topics Profit Loss China
Was this article valuable?
Here are more articles you may enjoy.
WSJ Wins Dismissal of Trump’s $10 Billion Defamation Suit 
Two Dead at Tampa Office After Man Drove Car into Building and Started Shooting 
Yellow Furball Mascot Liberty Biberty Sparks ‘Beautiful’ Protest. Seriously? 
When the Meter Says Wet but the Ceiling Is Dry: A Guide for Adjusters and Inspectors 
