Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Beijing, China’s Political Core, and Shanghai, Its Economic Nucleus, Are Both in Dire Straits" video.

  1. Additionally, many of these companies leaving are major foreign corporations who are disinvesting and leaving their former office and commercial spaces vacant. This will have massively negative impacts upon the Chinese economy in the near future.
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  2. "Beijing and Shanghai, Two of China's Key Cities, Face Economic Challenges with Declining Business and Rising Office Vacancy Rates" 🛍 The once bustling shopping center in Beijing is now facing a severe decline in business and foot traffic. 00:00 The shopping center in Beijing is experiencing a high vacancy rate and many well-known businesses have closed down. 00:00 The general manager of a large Chinese clothing chain observed a scarcity of customers and a bleak commercial atmosphere in the mall. 00:54 The scale of the skylight in the shopping center ranks third in the world, but the place is now desolate with aimless wandering visitors. 01:18 Rumors suggest that popular dining places and brands in the shopping center are gradually closing down. 02:05 There are signs of economic downturn everywhere, with industry giants closing stores and internet famous brands massively shutting down. 02:27 A landmark of economic prosperity and fashion now has entire rows of shops closed, reflecting the coldness of the local business scene. 02:33 The once lively business scene in Beijing is now described as as cold as the outside temperature by a media personality. 02:48 📉 The video discusses the unprecedented high vacancy rate of office buildings in Beijing and its impact on businesses. 03:48 Rental prices for offices and apartments in Dongguanin have dropped back to the levels of 10 years ago. 03:48 Vacancy rate of office buildings in Beijing's Jun guu has reached 16.9% compared to 2% at the end of 2020. 04:03 Businesses are facing financial difficulties, leading to terminations of leases and closures. 04:27 Relocation of internet giants and growing enterprises to self-owned properties and technology parks has impacted the vacancy rate. 05:14 Beijing's overall office vacancy rate reached 18.3% in the second quarter of this year, the highest level in nearly 13 years. 05:53 💼 The Beijing office market is experiencing a decline in vacancy rates and rents, leading to challenges for both landlords and tenants. 06:11 Vacancy rate for grade A office buildings in Beijing increased by 1.2 percentage points, reaching 19.5% by the end of the third quarter. 06:11 Tenants are relocating from the city center to the outskirts due to the challenging market conditions. 06:35 The Beijing office market has seen a significant shift from landlords having the upper hand to tenants having more negotiating power. 06:48 Local office rental market has been challenging, with deals involving lowering the rent and fewer client groups per month. 07:13 A small local business faced a hefty fine for selling hot food beyond its approved scope, sparking criticism and concerns about excessive fines. 07:25 The incident reflects the financial crisis of the Chinese Communist Party and the prevalence of fines economy, leading to a sense of despair among netizens. 08:17 Fines in various places in China seem to be a reflection of the underlying economic downturn and government departments resorting to fines to extract money from the public. 08:36 📉 The economic situation in Shanghai, China is bleak with rising office vacancy rates and declining profits in the wholesale and retail industry. 09:04 Restaurant operator fined for selling raw vegetables 09:04 Rising vacancy rates and falling rents in Shanghai office spaces 10:05 Closure of foreign financial institutions' offices in Shanghai 11:04 Decline in profit of wholesale and retail industry in Shanghai 11:43 Struggle of Shanghai businesses to pay additional value added tax 11:55 Closure of Shanghai luad Plaza 66 12:09 📉 The video discusses the potential impact of Tesla evacuating from Shanghai and the economic challenges facing China. 12:24 Rumors of Tesla evacuating from Shanghai are circulating online 12:24 Tesla is considering moving its Giga Factory out of Shanghai 12:31 Tesla reportedly laying off some battery assembly workers at its Shanghai Factory 12:45 The economic slowdown in Beijing and Shanghai indicates challenging economic conditions in China 13:18 China's economy is facing challenges with declining exports, outflow of foreign capital, and insufficient domestic consumption momentum 13:33 The Chinese government is struggling to find effective solutions to stabilize the economy 13:51 The situation in Shanghai and China's economy is deteriorating 13:59
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