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 2025 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 This material may not be published, broadcast, rewritten or redistributed.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.
Court Awards $32 Million Over Premature Baby’s Death at Yale Hospital
US House Bill Aims to End Private Flood Insurance Coverage Penalty
WTW to Acquire Newfront in Deal Worth Up to $1.3B
Hacking Group ‘ShinyHunters’ Claims Theft of Data From Users of Pornhub 

