Natural disasters cost China $69 billion in 2013

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Natural disasters cost China 421 billion Chinese yuan ($69 billion) in 2013, reveals data from the National Statistics Bureau.

Zhu Congwen, researcher with the China Academy of Meteorological Sciences told Reuters "in recent years, China has seen a combination of floods and droughts simultaneously."

The government said a changing climate is resulting in more severe weather, which affects food production and causes damage to energy security.

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