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Heavy rains, floods cause economic losses of nearly $480 million

Posted On: Jun. 27, 2017 4:00 AM CST

Heavy rains, storms and floods in China’s central Hunan Province have caused nearly $3.3 billion Chinese yuan ($478.4 million) in economic losses, The Standard reported citing Xinhua. The disasters have damaged about 40,000 houses in the region since June 22.

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