11 months, 2 weeks ago
Sat 20th January 2024
[UTC + 07:00]
Foreigners Gone, Businesses Shut, Overgrown Weeds: Shanghai Currently Experiences Severe Desolation
The decline of Shanghai can be seen in the changing consumption patterns of professionals in the city's financial sector. A Tencent News report from January 12th, which garnered significant …
Over 17 Million Brick-And-Mortar Stores in China Closed Last Year; 90% Expected to Shut by 2025
In 2023 alone, over 17 million brick-and-mortar businesses closed down, among the the total of 60 million across the country. What on earth is happening? …
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