Snowstorms wreak US$15b in damages

Banking, Finance and Insurance

Friday, September 05, 2008 23:44:52

	Snowstorms wreak US$15b in damages By STAFF EDITOR Published: February 14, 2008 12:00 PM China’s Ministry of Civil Affairs said the snowstorms that have hit central and southern China this year have caused US$15.43 billion (RMB111.1 billion) in direct losses, the China Securities Journal reported. Civil ... You are currently reading 35 words of 109 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: China Securities Journal , insurance , oil	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Chinese credit card users brand unawares: Report ICBC survey shows investment caution Foreign insurers to take 10% of Chinese market by 2011: PwC Shandong farmers pay RMB182m for farm insurance in 1H Shanghai's financial services told to prepare for worse weather Snowstorm-stricken receive bank bail-out 40% of Chinese private firms target overseas expansion: HSBC

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