Strong earthquake in northwest China that killed at least 148 causes economic losses worth millions

News Snapshot:

The severe earthquake that struck northwest China this week, killing at least 148 people, inflicted economic losses in the agriculture and fishing industries worth tens of millions of dollars, according to official media on Saturday. Gansu officials conducted early assessments, which revealed that the province’s agricultural and fishery businesses had lost 532 million yuan (about $74.6 million), according to state broadcaster CCTV. According to the story, authorities were deciding how to effectively use the relief fund, which had been established up just days earlier, to allow the agricultural industry to restore production as quickly as possible. The magnitude 6.2 quake...