According to the cited data from Reuters, the economy of China suffered a loss of 76.9 billion yuan (equivalent to 10.1 billion USD) in the previous month and 88% of that was due to damage caused by typhoons, floods, and landslides.
The Chinese Emergency Response Department stated that this is the highest level of damage in July since 2021.
More than 26 million Chinese people were affected by the natural disasters in the previous month, with 1.1 million people forced to relocate. The reported number of casualties reached 328 people dead and missing.
Many houses were destroyed by lightning, thunderstorms, and hail. According to the Chinese government's estimate, a total of 12,000 houses were completely damaged, and 157,000 houses were damaged after the July storm.
The water levels in many major rivers were overloaded due to heavy rainfall over several days, causing a slow water flow. This also affected the daily lives of the local residents.
In addition, 2.42 million hectares of agricultural land were severely affected, resulting in a lost harvest. Nearly half of that area belongs to the main commercial crop production area in central Henan Province.
China has just experienced the powerful Gaemi typhoon, the strongest to hit the country this year. Gaemi had a devastating impact with a maximum wind speed of up to 150 km/h near the center and gusts of up to 250 km/h. The typhoon passed through and ravaged many large provinces and cities in China, including Sichuan, Yellow River, Hunan, and Shandong.
