Winston Smith
China Observer
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Comments by "Winston Smith" (@kryts27) on "Shanghai Is Finished. Physical Stores Are Closing Down.1.94 Million Companies Shut Down in 40 Cities" video.
At the end of the lockdowns in Australia, a large Australian city (sorry, I can't disclose the city name as the CCP often tracks me and records my comments), had the Omicron variant Covid shut down lifted in April 2022 (this was state border lockdowns, during the pandemic, people were still allowed to shop locally). Many small cafes and restaurants in a popular recreational area in the city were permanently closed, as I noticed a few months later. However, it seems that Shanghai, a very large and (former) cosmopolitan city, probably the richest city in China per capita, is suffering much worse scale of bankruptcy in small and medium business, as the Australian city I was in.
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