Natural disasters cost China whopping RM60.2bil in first six months of 2024

At least 32.38 million people in China were affected by natural disasters in January to June. - PHOTO: EPA-EFE via The Straits Times/ANN

BEIJING (Reuters): China suffered direct economic loss worth 93.16 billion yuan ($12.83 billion - RM60.2 billion) in the first half of this year due to natural disasters, the government said on Friday.

This is the deepest first-half disaster-related loss since 2019, according to data available on the Emergency Management Ministry website, as the country suffered flooding, drought and extreme temperature in the first six months of the year.