Typhoon Rammasun incurs huge economic losses in China

Direct economic losses caused by super typhoon Rammasun amounted to 26.55 billion yuan (4.32 billion U.S. dollars) in south China, official figures showed on Sunday.
The strongest typhoon in four decades has ravaged 468,500 hectares of crops and destroyed 37,000 homes in Hainan Province, Guangdong Province and Guangxi Zhuang Autonomous Region, Xinhua quoted the State Flood Control and Drought Relief Headquarters as saying.
Rammasun weakened to a tropical depression early Sunday morning but is still affecting China's southern regions.