Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Mass Exodus of South Korean Businesses From Shandong Causes Economic Halt, Closed Shops Everywhere" video.

  1. 💔 A factory in Shandong, China closes down, leading to mass unemployment and the end of a 16-year journey for its employees. 00:22 Mass exodus of foreign capital in Shandong, China due to closure of a South Korean Enterprise factory. Employees packing up machinery and completing final tasks as the factory stands empty. Reports of generous compensations offered to employees as a gesture of gratitude. 📉 The video depicts the closure of a furniture factory in China, resulting in unemployment and the emotional impact on the employees. 02:56 Closure of the furniture factory and resulting unemployment wave Challenges faced by the employees during the closure process Emotional attachment to the workplace and the decision to take belongings as momentos 💔 The pandemic has led to a surge in unemployment, causing many businesses, including restaurants, to close down, leaving the once bustling city streets deserted and desolate. 05:35 Unemployment surge and business closures due to pandemic Restaurant owners struggling and facing closure Struggle of a restaurant owner after 25 years in the business 😔 Struggles of business owners during the pandemic and economic downturn. 09:04 Business owners are facing financial difficulties and are perplexed by the absence of customers despite promotional efforts. The pandemic has led to a cautious approach from both business owners and consumers, impacting consumer spending. Many businesses, including Chinese restaurants, have closed due to the economic impact of the pandemic. 😔 The speaker discusses the challenges faced by their e-commerce business due to the impact of the pandemic on sales and profitability. 11:12 E-commerce business has been severely impacted by the pandemic, leading to a significant decrease in sales and profitability. The speaker's business usually experiences peak sales during September and October, but this year the sales were even worse than the usual off-season. The industry is facing challenges such as undercutting on prices, increased shipping insurance costs, and a high rate of returns.
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