A strong earthquake struck the Tibetan Plateau in China on Thursday. According to the US Geological Survey, a magnitude-7.0 quake occurred about 191 kilometers east-northeast of Nagqu, Tibet, at approximately 10:33 p.m. local time. This was followed by a 5.2 aftershock.
The region has endured several major earthquakes since 1900, with USGS counting 29 quakes above 7.0 in that period. The most powerful event, in 1950, was a magnitude-8.6 quake that killed over 4,000 people. State-run Xinhua News Agency reported the Ministry of Emergency Management activated a Level IV national emergency response and sent a working group to the affected area.
The sparsely populated epicenter region has an average elevation of about 4,800 meters. No casualties or damage have been reported so far.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing