Index Investing News
Sunday, June 7, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

South China small businesses start to count cost of record rains By Reuters

by Index Investing News
September 9, 2023
in Financial
Reading Time: 2 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter


6/6

© Reuters. People pass debris on a bridge after heavy rainfall flooded Tangxia town in Dongguan, Guangdong province, China September 9, 2023. REUTERS/Aly Song

2/6

By Nicoco Chan

DONGGUAN, China (Reuters) – Shop owners in a town in China’s southern manufacturing heartland tried to clean up the mess and started to count the cost of Typhoon Haikui on Saturday, as the lingering storm lumbered west after wreaking havoc.

Two days after making landfall, Haikui brought the heaviest rains since records began 140 years ago to Hong Kong with more than 200 mm (8 inches) falling in the territory, killing two people and injuring more than 140, state media reported.

Flooding in the neighbouring tech hub of Shenzhen knocked out subways and transport in the worst-hit district Luohu, although by Saturday the city had largely returned to normal.

In the town of Tangxia in the sprawling manufacturing city of Dongguan, storefronts flooded and streets became rivers where rescue teams in dinghies helped stranded citizens, images from state media showed.

Zhang Lu, 42, hosed down mud-caked crates while his partner scraped mud from the floor of their fruit shop.

“Everything got submerged, everything,” Zhang said. “Even the display screens were all damaged, right? It’s very serious.”

He showed pictures of the shop front half submerged and said the waters reached the ceiling at the flood’s peak. Zhang reckoned it would cost him over 200,000 yuan ($27,000) to replace his damaged things.

“I opened this store with borrowed money,” he said. “Everything was funded through loans, and now I have nothing left.”

A large pile of plastic packaging, rags and detritus was outside Huang Lizhong’s leather shop as the 53-year-old pushed water to his door, saying the flood had been more severe than others in recent years.

Huang reckoned the flood damage would cost him 500,000 yuan.

Nearby, workers carried foliage onto trucks while pedestrians weaved around piles of detritus.

Short but heavy bursts of rainfall were expected to continue in southern Guangdong province as well as the neighbouring Guangxi region and the island of Hainan, the China Meteorological Administration said on Saturday.

($1 = 7.3430 renminbi)



Source link

Tags: BusinessesChinaCOSTcountrainsrecordReutersSmallSouthStart
ShareTweetShareShare
Previous Post

A Lesser-Known Insurance Technology Stock

Next Post

Is it time to slap term limits on America’s aging elite? — RT World News

Related Posts

Blue Origin’s explosion just made SpaceX even harder to catch

Blue Origin’s explosion just made SpaceX even harder to catch

by Index Investing News
June 4, 2026
0

Every company that runs away with a market eventually needs one thing it can never admit to wanting: a real...

Rescuers say a blast at a building storing explosives in Myanmar has killed more than 45 people

Rescuers say a blast at a building storing explosives in Myanmar has killed more than 45 people

by Index Investing News
May 31, 2026
0

BANGKOK: A blast on Sunday at a building in northeastern Myanmar said to have been storing explosives for mining has...

Ex-Disney star Hilary Duff warns saying yes too much actually hurt her career: ‘Just because something is a good paycheck, it doesn’t mean it’s right’

Ex-Disney star Hilary Duff warns saying yes too much actually hurt her career: ‘Just because something is a good paycheck, it doesn’t mean it’s right’

by Index Investing News
May 27, 2026
0

Hilary Duff was catapulted into stardom as the lead of Disney Channel’s Lizzie McGuire when she was just 13, and...

Mamdani Mendacity – Balanced Budgets and  World Cup Tickets

Mamdani Mendacity – Balanced Budgets and $50 World Cup Tickets

by Index Investing News
May 23, 2026
0

In the famous Tennessee Williams play, Cat on a Hot Tin Roof, Big Daddy says: "There ain't nothin' more powerful...

TDV: Technology Dashboard For May (BATS:TDV)

TDV: Technology Dashboard For May (BATS:TDV)

by Index Investing News
May 15, 2026
0

This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...

Next Post
Is it time to slap term limits on America’s aging elite? — RT World News

Is it time to slap term limits on America’s aging elite? — RT World News

Ripple’s Tide Rising: XRP Set to Boost 25% – Riding the Crypto Wave

Ripple's Tide Rising: XRP Set to Boost 25% - Riding the Crypto Wave

RECOMMENDED

CN Rail points lockout discover to union, Canada-wide freight rail stoppage looms By Reuters

CN Rail points lockout discover to union, Canada-wide freight rail stoppage looms By Reuters

August 19, 2024
Black Friday Offers: 5 Greatest Shares

Black Friday Offers: 5 Greatest Shares

November 18, 2024
Taylor Swift Makes Fox News Suddenly Hate Celebs in Politics

Taylor Swift Makes Fox News Suddenly Hate Celebs in Politics

February 3, 2024
WFH vs RTO

WFH vs RTO

February 17, 2023
European shares lag US by document margin as ‘Trump commerce’ bites

European shares lag US by document margin as ‘Trump commerce’ bites

November 17, 2024
Tips on how to Make Really Passive Revenue with “Syndication” Actual Property

Tips on how to Make Really Passive Revenue with “Syndication” Actual Property

September 17, 2024
Hong Kong proclaims measures to handle housing affordability disaster

Hong Kong proclaims measures to handle housing affordability disaster

October 21, 2024
Actual Property Dealer Close to Me

Actual Property Dealer Close to Me

October 27, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In