A new tropical storm is threatening to wreak havoc in the already battered Macau peninsula, the Chinese meteorologists have warned.
There is 70 percent chance that Macau, which is still reeling from the tropical storm Hato’s fury, will be in the path of the new tropical storm Pakhar, according to The South China Morning Post report.
Tropical storm Pakhar, which likely to pass the city state on Sunday morning, is said to be weaker than Typhoon Hato.
With this in mind, many analysts are already predicting that Macau’s previously exceptional August growth rate will take a significant hit of “at least a couple hundred” basis points.