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Thread: China suffers a huge loss of 22.09 billion yuan from snow disaster
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[quote=APAULT,269844]This is something that should be factored in by governments, businesses and stock market investors. These mini-disasters will occur from time to time so we muct allow for them in our calculations. Insurance companies don't go bust when they have big payouts because they know there will be periodic disasters and they have priced their insurance products accordingly. China will not notice the snow's after effects, though some smaller businesses will suffer.[/quote]
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