☨St Louis IX opposed paganism, hæresy \x26 debauchery
China Observer
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Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "All Stores on Streetsides Closed, Malls Ghostly Empty, Even No Money to Fix Broken Glass" video.
📉 China's economy slowdown leads to a decline in consumer spending during the national day holiday.
00:07
There were instances of empty department stores and a lack of customers in supermarkets.
Street vendors selling national flags experienced lackluster sales despite low prices.
Business slowdown during the national day holiday was observed across various sectors.
📈 Domestic tourism in China during the holiday reached record-breaking numbers, but experts argue that the comparison is misleading due to the circumstances of the previous year.
03:00
Domestic trips in China during the holiday reached 754 million, a 79% increase compared to the previous year.
Domestic tourism revenue hit 668 billion, a year-on-year increase of 133%.
Experts argue that the comparison of current tourism figures to the previous year is misleading due to COVID-19 restrictions and mandatory PCR testing.
😔 Business in Shenzhen's bustling Shangan Street is dismal during the pandemic, with many stores closed and few people out and about.
05:43
Shangan Street in Shenzhen is deserted during the holiday season, with stores closed and a lack of crowds.
Shopkeepers are lamenting the current state of business, with wholesalers losing money on moon cakes.
😔 Chinese youth face a challenging job market amid economic recession and pandemic pressures.
08:44
Spending habits, confidence, and expectations of Chinese citizens have dramatically changed.
Youth unemployment rate in China reached 21.3% in June.
The National Bureau of Statistics chose not to release further data on youth unemployment, which was criticized by many.
💼 The video discusses the concept of 'slow employment' and the challenges faced by young people in China.
11:36
The term 'slow employment' is used to describe the situation of not finding a job immediately after graduation.
Many young people in China are embracing the 'lying flat' mentality due to high unemployment rates.
A song titled 'Lying Flat Anthem' has gone viral, resonating with the struggles faced by the country's youth.
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