Chinese snow costs climb to more than $15 billion

We earlier reported that lack of roadway snow and ice removal in China had gridlocked much of the country and imposed $3 billion in economic costs to the nation's economy. The Chinese government announced today that it now calculates the storm damage at $15 billion.

It's been two weeks now since officals admitted they were unprepared. More than 1.3 million soldiers have been mobilized in responding to the snow emergency.

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