Comments by "ronnel acido" (@ronnelacido1711) on "Over 17 Million Brick-And-Mortar Stores in China Closed Last Year; 90% Expected to Shut by 2025" video.

  1. "A dozen government departments come to collect money". Translation : "Corrupt officials show up randomly to collect their bribes." No wonder businesses are failing. Every bureaucrat wants to have a slice of the pie even as businesses lose money. It's like squeezing blood from a stone.
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  2. Those huge grocery and supermarket shops inside malls will fold up due to weak sales and high operating costs. Street vending/flea markets will become the norm. People need food and someone has to fill that demand.
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