Bank Of Baku

China suffers $7.6 billion in losses from natural disasters in H1 2025

China suffers $7.6 billion in losses from natural disasters in H1 2025
# 15 July 2025 05:31 (UTC +04:00)

Natural disasters across China in the first half of 2025 have resulted in direct economic losses totalling 54.11 billion yuan ($7.55 billion), an official from the emergency response ministry said on Tuesday, APA reports citing Reuters.

A total of 307 people were either confirmed dead or missing due to the disasters, while 2.18 million hectares of crops were damaged, the official told a press conference.

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