A Chinese netizen posted an article describing store closures in the key areas of Shanghai. The article provides an angle on the run-down economy of Shanghai as well as throughout broader China.
The author gave examples of three sites, representing small, mid-sized, and large retail stores.
- Shanghai Train Station: There used to be many small stores selling stationery, mobile phone covers, clothes, etc., along its underground tunnel. These stores are now closed.
- Hongqiao Train Station: There used to be many mid-sized stores, but most of them are now closed. The train station was hot and the author wondered if the authority couldn’t even afford air conditioning there.
- Nanjing Road Pedestrian Street: This is a premium shopping district in Shanghai with many large retail stores. Zhidi Square Plaza, a landmark retail plaza, was closed, with some stores at upper level of the plaza still open.
Sources:
1. Central News Agency (Taiwan), July 24, 2023
https://www.cna.com.tw/news/acn/202307240273.aspx
2. Have8.tv (copy of the original posting)
https://news.have8.tv/3244441.html