China counts $33bn costs from major flooding

china-flooding

According to Aon Benfield's catastrophe modeling team Impact Forecasting the recent flooding in China could cost the country as much as $33bn (£25bn) in economic losses.

The firm's latest Global Catastophe Report suggests at least $28bn of the damage occurred in the Yangtze River Basin.

Nearly 20 provincial regions were impacted by floods that have been ongoing in

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