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China Quake Costs $250M, Says Modeler

Last month's earthquake that struck the Chinese province of Yunnan will cost some $250 million in economic losses, according to a new study by Risk Management Solutions and the Institute of Engineerin

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Last month’s earthquake that struck the Chinese province of Yunnan will cost some $250 million in economic losses, according to a new study by Risk Management Solutions and the Institute of Engineering Mechanics in China.

The magnitude 6.3 earthquake near the borders of Myanmar, Laos and Vietnam on June 3 hit Ning’er County and the tea-producing city of Pu’er the hardest.

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