China lost $6.65 billion due to floods in 2011
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China lost $6.65 billion due to floods in 2011

Shanghai : China | Jun 30, 2011 at 8:51 AM PDT
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Statement released from Chinese government said that the floods in eastern and southern China have cost the economy a total of 43.2 billion Yuan (around $6.65 billion) so far this year (2011).

Data sheet of The State Flood Control and Drought Relief Headquarters showed that at least 239 people have died in floods in 2011, while 86 people are still missing.

The flood in different regions of China have affected 36.7 million people including destroy of 106,500 houses and about 1.16 million hectares of crops. Farmer’s worries have lead to altitude.

Local cultivators say that the flood of this year is worst in 20 years. This disaster have reduced vegetable output and also causing shortages of fruits and grains. The price of fruits and vegetables has suddenly risen up as a result of shortages.

Central, southern, and eastern China are suffering from the burden of disaster. The economic cost of these regions is very high.

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Food prices in China have soared after power shortages and crippling droughts
Food prices in China have soared after power shortages and crippling droughts
Surya Gaire is based in Kathmandu, Kathmandu, Nepal, and is a Reporter on Allvoices.
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