Snow havoc in China causes $7.5 billion loss

Here.

Excerpt:

Beijing : The heavy snow that hit China's central and southern regions over the past three weeks has caused economic loss of about 53.9 billion yuan ($7.5 billion), the Ministry of Civil Affairs said Friday.

The worst snow in five decades has so far killed 60 and forced more than one million people to relocate. More than 200,000 houses were destroyed and another 800,000 were damaged in heavy snow, said Zou Ming, deputy director of the ministry's disaster-relief department.