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The recent typhoon Mujigae has caused more than $2 billion) in direct economic losses in southern China, Xinhua reports.
The typhoon also triggered tornadoes that damaged houses and destroyed infrastructure in the country's Guangzhou city. Mujigae has caused direct economic losses worth 12.5 billion Chinese yuan ($1.96 billion) and CNY 175 million in Guangdong province and Guangxi Zhuang Autonomous Region, respectively.
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