Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "No Orders, No Customers! Empty Malls u0026 Restaurants Everywhere! Boss Yells: China Is Doomed!" video.

  1. 🏪 The once famous musical instrument street in Shanghai has experienced a significant decrease in consumer demand, resulting in the closure of many shops. 00:16 Most of the shops in the musical instrument street of Shanghai have closed down. Only one shop is still open for business on the street. The closure of shops indicates a decline in consumer demand. 📉 China's trade growth is uncertain due to factors such as domestic demand, limited effects of government measures, and the impact of the zero-COVID policy on economic activities. 03:17 Government measures to boost economic growth may have limited effects due to slow recovery in the labor market and uncertainty in household income prospects. China's economic activities are hampered by the zero-COVID policy, leading to a reduction in household incomes and cooling consumer spending. China's trade surplus in August fell to $68 billion, lower than expected and previous months. 💼 Business in the food and beverage sector has hit rock bottom, with owners struggling to pinpoint the exact cause of the slump. 06:24 Restaurant owner's business dropped from making 2000-3000 yuan a day to just a few hundred. Competition in the food and beverage industry is fierce, with every merchant vying for customers. Business this year is even worse than during the three years of the pandemic. 📉 Recent indicators suggest a decline in foreign investment in China, with key investment metrics at historical lows. 09:39 Vietnam's share of U.S. imports reached almost 4%, slightly below the peak in 2022. Mexico accounted for a record high of 15% of U.S. imports in the past twelve months. China is no longer a favored hotspot for foreign investors, with investment metrics plummeting to historical lows.
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