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China reports $30 billion in natural disaster losses in first 9 months

Marcus Chen
Managing Editor · Thursday, October 22, 2026 at 5:03 AM · 1 min read
China reports $30 billion in natural disaster losses in first 9 months — KFGO, Richardson Business news
Image: KFGO

HONG KONG, Oct 22 (Reuters) 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) (Reporting by Farah Master and the Beijing ​newsroom;)

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