China's Natural Disasters Cause Economic Havoc

Natural disasters in China, including flooding, drought, and extreme temperatures, resulted in a direct economic loss worth 93.16 billion yuan ($12.83 billion) in the first half of the year. These events affected 32.38 million people and caused 322 deaths or disappearances.


Devdiscourse News Desk | Beijing | Updated: 12-07-2024 07:46 IST | Created: 12-07-2024 07:46 IST
China's Natural Disasters Cause Economic Havoc
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Natural disasters in China have inflicted a staggering direct economic loss of 93.16 billion yuan ($12.83 billion) in just the first half of this year, the government reported on Friday. The devastating incidents included flooding, drought, and extreme temperatures.

The Emergency Management Ministry disclosed that these calamities impacted 32.38 million people between January and June. Among these, 322 individuals were either killed or went missing as a result of the disasters.

The financial estimates underscore the severe impact of these natural calamities on the country, highlighting the urgent need for improved disaster management and preparedness. ($1 = 7.2621 Chinese yuan renminbi)

(With inputs from agencies.)

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