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Extreme weather events cause over $18 billion in losses

Posted On: Nov. 16, 2022 9:12 AM CST

A report by the World Meteorological Organization said that China suffered $18.4 billion in economic losses from extreme weather events in 2021, Business Standard reported. Asia recorded more than 100 extreme weather disasters, including drought, floods and landslides, in 2021, of which 80% were flood and storm events that wreaked huge economic losses.