00:00 let's bring in Yuka Royer from the business desk. Yuka, give us a sense of,
00:03 well first of all we had China, we were talking about the heat wave temperatures
00:06 hitting 52, 53 in northern China. Now we've got a situation where you've got a
00:10 typhoon followed by another typhoon and you've had the government now pledging
00:15 what is it tens of millions of euros for the region? That's right, well the floods
00:19 caused obviously significant damage and typhoons leaving death and
00:24 destructions in the wake. By the end of last week the Chinese government had
00:29 allocated more than half a billion yuan, that's about 66 million euros in
00:33 disaster relief to three regions hit by floods, that's Beijing, Tianjin and Hebei.
00:39 It had also marked an additional 350 million yuan or 44 million euros. Now
00:45 just to talk about the damage, in July China's direct economic losses from
00:50 natural disasters rose to more than 41 billion yuan, that's over 5 billion
00:55 euros and more than the total for the first six months of this year
01:01 combined. Floodwater from the most devastating recent typhoon has started
01:06 receding but of course it has already ruined crop and merchandise in the
01:11 affected regions. It will be some time obviously before farmers and
01:16 businesses can recover and as the affected regions include the capital
01:20 Beijing as well as important ports, the natural disasters could put further
01:25 pressure on the Chinese economy that's been, it's fair to say, struggling
01:30 to recover post pandemic. Let's hear what one of the affected people in the
01:35 affected region of Hebei province had to say. We rarely have floods here, I
01:42 remember it was around 1963 when we had a flood but it wasn't this severe. Back
01:46 then it was just low-lying areas that got flooded, the water did not go into
01:50 the houses on higher ground. This year's floodwater was exceptionally high. Look
01:54 at the elevation of the foundation of my home, the water reached that level.
02:00 Typhoons have been a common theme not just in China but also other areas in
02:04 the region too. Yeah that's right, well Asia is used to, I mean it's an annual
02:08 occurrence, the typhoon season, but it has been devastating this year. Parts of
02:13 the Philippines were also badly affected with millions hit by severe flooding. In
02:18 the south of Japan where several people have died from a flooding, the latest
02:23 typhoon, Kanin, made an unexpected trajectory after battering the islands
02:28 of Okinawa causing power cuts to a quarter of households there. It went
02:32 westwards towards the ocean only to make a U-turn which is very, which was very
02:39 unexpected and hitting the southern regions once again. So it's very unusual
02:44 for a typhoon this strong to stay this long and that's only the sixth typhoon
02:49 of this season, the month of August could be even worse. Now Seoul in South Korea
02:55 is now bracing for its landfall as it's expected to sweep directly through
03:00 the Korean Peninsula going northwest. This after it registered record monsoon
03:05 rains last month and unusually high temperatures, so much so that citing
03:10 safety concerns, Britain has decided to withdraw more than 4,000 of its scouts
03:14 from this year's World Scout Jamboree hosted by South Korea. Yeah I've seen
03:19 now they're saying that the whole thing's gonna be ultimately scrapped,
03:22 probably the most unlucky Jamboree in world history. I think it's been going
03:26 well for 40 years first, they had the heat stroke, but several hundred people
03:29 now having to leave. Yuka, it's fascinating to hear from you, Yuka Royer, from our