Regional expert who explained the Economic Impact of those floods. ~ ,. , . ,. , floods. While youre flooding so far in the floods. While youre flooding so far in the month floods. While youre flooding so far in the month of floods. While youre flooding so far in the month ofjuly i floods. While youre flooding so far in the month ofjuly is| so far in the month ofjuly is estimated to have cost around 25 Billion Us Dollars then of course the season for these sorts of extreme weather events is not yet over. August and september historically have also often had Severe Weather events, such as typhoons and floods, as well as drought last year china was also hit with a very severe drought. So what we are seeing is increasing impact of Severe Weather events on china and this is, of course, linked to rising temperatures globally, Climate Change is very much linked to what we have seen at present in china and in recent years and there are a lot of concerns that as Global Temperatures rise furthe
important source of growth, particularly prior to the pandemic, so it is starting to mmp pandemic, so it is starting to ramp up again. pandemic, so it is starting to ramp up again- pandemic, so it is starting to ramp up again. meanwhile, the rest of southeast ramp up again. meanwhile, the rest of southeast asia, - rest of southeast asia, including here in singapore, economies have been hit by the weakening demand overseas was our economy scoping and when can see things turning in your view? economies coping? what view? economies coping? what we re seeing view? economies coping? what we re seeing is view? economies coping? what we re seeing is the view? economies coping? what we re seeing is the export - we re seeing is the export picture, so the merchandise trade picture right across southeast asia is weak. we are seeing that the tech cycle is still in the downswing and commodity prices are still of course very weak as as a result of that we can to demand optional.