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— Anti-Corruption News Story Curated by Anti-Corruption Digest International Risk & Compliance News

Over the past few weeks, several regions in southern, eastern, and central China have experienced torrential rains and large-scale flooding. Affected regions include Hubei province, where Wuhan (the epicenter of the ongoing COVID-19 pandemic) is located.

So far, more than 140 people have died and over 200,000 people have been displaced from towns, where the floods have damaged houses and other infrastructure. Overall, an estimated 37 million people have been affected by these floods. Economic losses arising from this are estimated to be around $3 billion and might rise further if the situation continues deteriorating.

 

Source: How Chinese Corruption Spreads Misery Abroad – The American Interest







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