China suffers over $2 billion loss from natural disasters in May
Reprints
China’s Ministry of Emergency Management said that the country suffered 14.87 billion Chinese yuan ($2.3 billion) in direct economic losses from the natural disasters that struck in May, Shine reported citing Xinhua. China reported hailstorms, floods and multiple earthquakes, including a 7.4-magnitude quake in Qinghai Province in May. The disasters killed 44 people, destroyed more than 5,000 houses and damaged 240,000 houses across the affected regions.
