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China's flooding slams rare earth, fertilizer and other industries

Economy recovering from coronavirus lockdowns now threatened by deluge

A tractor reinforces the banks of the Gantang River near the Qingshitan Reservoir in Lingchuan county, Guangxi Zhuang Autonomous Region, on July 17, 2020.   © Reuters

SHANGHAI -- Weeks of flooding along the Yangtze River, China's longest waterway, has crippled commodity production, weighing on an economy that has been shaking off the coronavirus downturn.

Though authorities have not revealed total economic losses caused by the deluge of rain since June, several companies whose production plants have been submerged have ceased operations.

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