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International

Quakes cause more than $2 billion in economic losses in 2017

December 27, 2017 Reprints

Liu Guiping, deputy director of the China Earthquake Administration's China Earthquake Networks Center, said that 13 earthquakes above magnitude-5.0 that struck the country this year caused 14.6 billion Chinese yuan ($2.2 billion) in direct economic losses China.org.cn reported. Ms. Guiping said that the strongest quake of the year of 7.0-magnitude struck Jiuzhaigou County in Sichuan province on Aug. 8 and caused CNY 8 billion worth of damage. Six temblors struck Taiwan this year, she added.

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Quakes cause more than $2 billion in economic losses in 2017

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