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Comments by "" (@advancetotabletop5328) on "Shanghai Pudong International Airport Almost Empty as More and More International Companies Pull Out" video.
Another YT video mentioned how Chinese netizens were fine with Walmart leaving b/c they have local groceries. Wonder how fine they will be when they realize the foreign money is gone.
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If this was an isolated incident, it would be less of a concern. But all these different videos of different aspects of China‘s econom, when taken as a whole, show problems with China’s economy.
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M&M also notes that China‘s economy is stuck in the industrial age of economic development (comes after agricultural, and before service), b/c individuals in the CCP have close ties to industrial companies.
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@U: I was seeing abandoned shopping mall pics in 2005, and you‘ve seen the empty business fairs (for foreign business customers) recently. So not surprised more stores are close, airports or otherwise.
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You saw the M&M video too, eh? (: The consumer demand is low b/c China is still focusing on its industrial phase (eg. big useless infrastructure projects) and not the service phase, which results in consumers having money to spend domestically. What I find interesting is that China decades ago was supposed ot have enough domestic demand to not rely as much on exports as it did before. Yet it seems like this consumer demand has not happened.
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China: Build an airport. Also China: Build another airport.
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