BEIJING (Reuters) -Storms drenched southern parts of the Chinese mainland on Monday, triggering warnings of flash floods and landslides, a day after Typhoon Wipha pounded Hong Kong. Heavy rain lashed the cities of Yangjiang,

The tropical cyclone made landfall in mainland China late Sunday afternoon with winds near to those of a Category 1 Atlantic hurricane.

Economists calculate the financial impact on the city, with catering, retail and transport sectors the hardest hit.