China Economic Losses
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China Lost $42 Billion In 2023 Due To Landslides, Typhoons, Hailstorms
China suffered direct economic losses of $42 billion over the first nine months of 2023, the government said, from natural disasters such as torrential rains, deadly landslides, freakish hailstorms and a string of typhoons.
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Oil Crashes Below $95 A Barrel On Recessionary Worries After China Data
Oil prices fell on Tuesday, extending losses from the previous session, after economic data from China, the world's largest crude importer, spurred fresh concerns about a potential global recession that could hit energy demand.
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China Loses $13.13 Billion In 2022 So Far From Natural Disasters: Report
China's direct economic losses from natural disasters amounted to 88.81 billion yuan, about USD 13.13 billion, in the first half of 2022, the Ministry of Emergency Management said Thursday.
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"Don't Want RBI To Become Extension Of Government": Ex CEA Arvind Subramanian
Mr Subramanian, while reacting to RBIs outlook on inflation, expressed disappointment that though prices have been rising for almost three years, it was late in taking measures to check them, which showed "a certain loss of institutional independence"
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Oil Prices Recover In A Volatile Session After Over 5% Crash Previously
Crude oil prices recovered some of their losses during a volatile trading session on Wednesday after crashing over 5 per cent previously.
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China Will Strive To Make Up Economic Losses Caused By Coronavirus: Xi Jinping
China will strive to make up economic losses caused by the coronavirus epidemic and achieve good results for growth this year, President Xi Jinping said on Tuesday, according to state TV.
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Recession To Hit Developing Nations, May Spare China, India: UN Report
The world economy will go into recession this year with a predicted loss of trillions of dollars of global income due to the coronavirus pandemic, spelling serious trouble for developing countries with the likely exception of India and China, according to a latest UN trade report.
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Coronavirus Impact: China Sees Sharp Drop In Car Accident Claims
Chinese non-life insurers are discovering a silver lining to the cloud spreading over China's economic performance from the coronavirus outbreak - a sharp drop in car accident claims.
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Sensex Plunges Over 300 Points As Selloff Across Sectors Deepens
Domestic stock markets moved lower on Thursday tracking weakness in Asian peers as worries about the economic impact from the coronavirus epidemic in China continued to weigh on sentiment. The S&P BSE Sensex index declined as much as 347.15 points to hit 40,851.51, and the broader NSE Nifty benchmark slid to as low as 12,019.85, down 109.65 points ...
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Sensex Plunges 458 points, Nifty Closes Below 12,150; Bank, Metal Stocks Weigh
Earlier in the day, the benchmarks opened lower tracking losses in other Asian peers as fears about the economic impact of China's spreading virus outbreak curbed risk appetite. Analysts expect Indian markets to remain volatile until the announcement of the budget on Saturday, which may include government measures to revive economic growth that has...
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Terrorism Led To $1 Trillion Loss To World Economy: PM At BRICS
Terrorism has caused loss of nearly $1 trillion to the world economy and slowed down the economic growth of developing nations, Prime Minister Narendra Modi said today at the summit of BRICS -- Brazil, Russia, India, China and South Africa.
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US, China Tariffs May Lower Global GDP By 0.8% In 2020: IMF
Tariffs that have been imposed or threatened by the United States and China could shave 0.8% off global economic output in 2020 and trigger additional losses in future years, the International Monetary Fund said on Thursday.
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India Among 5 Economies Worst Affected By Climate Disasters: UN Report
India suffered a whopping $79.5 billion economic loss due to climate-related disasters in the last 20 years, according to a UN report which highlights the impact of extreme weather events on the global economy. The economies of US, China, Japan, India and Puerto Rico have been the worst affected, the report added.
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Typhoon Haima Causes Losses Worth Over USD 700 Million In China
Typhoon Haima has caused estimated direct economic losses worth over USD 702 million in China's three provinces, authorities have said.
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Over 600 Killed In Natural Disasters In China In July
Over 600 people were killed in China last month due to floods, typhoons and a range of geological disasters which also caused an economic loss of USD 35 billion, the Ministry of Civil Affairs said today.
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China Lost $42 Billion In 2023 Due To Landslides, Typhoons, Hailstorms
China suffered direct economic losses of $42 billion over the first nine months of 2023, the government said, from natural disasters such as torrential rains, deadly landslides, freakish hailstorms and a string of typhoons.
-
Oil Crashes Below $95 A Barrel On Recessionary Worries After China Data
Oil prices fell on Tuesday, extending losses from the previous session, after economic data from China, the world's largest crude importer, spurred fresh concerns about a potential global recession that could hit energy demand.
-
China Loses $13.13 Billion In 2022 So Far From Natural Disasters: Report
China's direct economic losses from natural disasters amounted to 88.81 billion yuan, about USD 13.13 billion, in the first half of 2022, the Ministry of Emergency Management said Thursday.
-
"Don't Want RBI To Become Extension Of Government": Ex CEA Arvind Subramanian
Mr Subramanian, while reacting to RBIs outlook on inflation, expressed disappointment that though prices have been rising for almost three years, it was late in taking measures to check them, which showed "a certain loss of institutional independence"
-
Oil Prices Recover In A Volatile Session After Over 5% Crash Previously
Crude oil prices recovered some of their losses during a volatile trading session on Wednesday after crashing over 5 per cent previously.
-
China Will Strive To Make Up Economic Losses Caused By Coronavirus: Xi Jinping
China will strive to make up economic losses caused by the coronavirus epidemic and achieve good results for growth this year, President Xi Jinping said on Tuesday, according to state TV.
-
Recession To Hit Developing Nations, May Spare China, India: UN Report
The world economy will go into recession this year with a predicted loss of trillions of dollars of global income due to the coronavirus pandemic, spelling serious trouble for developing countries with the likely exception of India and China, according to a latest UN trade report.
-
Coronavirus Impact: China Sees Sharp Drop In Car Accident Claims
Chinese non-life insurers are discovering a silver lining to the cloud spreading over China's economic performance from the coronavirus outbreak - a sharp drop in car accident claims.
-
Sensex Plunges Over 300 Points As Selloff Across Sectors Deepens
Domestic stock markets moved lower on Thursday tracking weakness in Asian peers as worries about the economic impact from the coronavirus epidemic in China continued to weigh on sentiment. The S&P BSE Sensex index declined as much as 347.15 points to hit 40,851.51, and the broader NSE Nifty benchmark slid to as low as 12,019.85, down 109.65 points ...
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Sensex Plunges 458 points, Nifty Closes Below 12,150; Bank, Metal Stocks Weigh
Earlier in the day, the benchmarks opened lower tracking losses in other Asian peers as fears about the economic impact of China's spreading virus outbreak curbed risk appetite. Analysts expect Indian markets to remain volatile until the announcement of the budget on Saturday, which may include government measures to revive economic growth that has...
-
Terrorism Led To $1 Trillion Loss To World Economy: PM At BRICS
Terrorism has caused loss of nearly $1 trillion to the world economy and slowed down the economic growth of developing nations, Prime Minister Narendra Modi said today at the summit of BRICS -- Brazil, Russia, India, China and South Africa.
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US, China Tariffs May Lower Global GDP By 0.8% In 2020: IMF
Tariffs that have been imposed or threatened by the United States and China could shave 0.8% off global economic output in 2020 and trigger additional losses in future years, the International Monetary Fund said on Thursday.
-
India Among 5 Economies Worst Affected By Climate Disasters: UN Report
India suffered a whopping $79.5 billion economic loss due to climate-related disasters in the last 20 years, according to a UN report which highlights the impact of extreme weather events on the global economy. The economies of US, China, Japan, India and Puerto Rico have been the worst affected, the report added.
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Typhoon Haima Causes Losses Worth Over USD 700 Million In China
Typhoon Haima has caused estimated direct economic losses worth over USD 702 million in China's three provinces, authorities have said.
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Over 600 Killed In Natural Disasters In China In July
Over 600 people were killed in China last month due to floods, typhoons and a range of geological disasters which also caused an economic loss of USD 35 billion, the Ministry of Civil Affairs said today.
