Top Shanghai Mall Shuts Down, Only U.S. Consulate Remains; 7,000 Store Closures in China in 6 Months

Рет қаралды 114,500

Күн бұрын

The Chinese economy continues to decline, and domestic consumption remains weak. Recently, the well-known Meilongzhen Plaza in Shanghai announced on its WeChat public account that all businesses and tenants, except the U.S. Consulate General in Shanghai, will close from August 1st. After 26 years, Meilongzhen Plaza, including the mall, office building, and underground parking lot, will shut down. According to incomplete statistics, 6,882 stores across China closed in the first half of this year, involving over 100 companies.
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Пікірлер: 292

@davidshanahan5134 Ай бұрын

Only the US Consulate left standing. Now there’s some symbolism to upset Xi !

@sleepinglaffey3886 Ай бұрын

Patriotism of Xinnie PorkPooh #slopaganda #misery #shillbroth #tubecensor - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing -Tofu Exports and Western imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left. -Consumer prices and pay are experiencing hyperstagdeflation while necessities are undergoing hyper flation. -Youth unemployment hits over 21% (in reality 75%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. - This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE. -- in the future house prices will drop to 10%, youth unemployment will be over 90%+ without streams, and middle class people over 35 will all be laid off with pays trimmed in half. How will you do in a country where real estate companies, local governments, and banks across China have crashed or fled? That is your challenge for the future (will you own a trash house with the mortgage?). Pensions will be laundered and your daily pay will be 1-2 dollars while you drink Poop Water and eat gasoline cooking oil while the Party and Porkpooh eat Tegong Special food supplies. Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card Arctic Catfish Shenzhen: laughs at how Leeks feed her Fei Fei Li the AI Spy and stealer-Has ties to the Party with Tsinghua University WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie

@bluerisk Ай бұрын

God alone knows what Xi is told at this point.

@Nova2Yung Ай бұрын

@@sleepinglaffey3886 drop the facts Laffey, all credits to you !

@danielsim7542 Ай бұрын

Who upsetting who? Xi might be the sole perpetrator to cause all these unfortunate circumstances.

@sleepinglaffey3886 Ай бұрын

@@Nova2Yung Its a OOF-conomy!

@nmaddpnmaddp7333 Ай бұрын

I only feel sorry for Hong Kong , from the Top of Asia down to the bottom last of Asia in just few months,

@GizzyDillespee Ай бұрын

It took years... and some companies moved to the mainland, rather than to freer Asian cities, when Hong Kong's benefits no longer existed. But yeah... what a difference, when a city switches to totalitarianism and unpredictable rules. Who could've predicted?🤣

@DK-gj5sp Ай бұрын

HONG KONG IS 100X BETTER NOW THAN BEFORE. WESTERN AGENTS WERE LIVING IN HONG KONG BEFORE. CHINA FIXED THEM

@nmaddpnmaddp7333 Ай бұрын

@@GizzyDillespee Dictatorship always go along side with Destruction.

@alapaticornell4391 Ай бұрын

CCP the enemy of Humanity. Blessings to 🇹🇼, 🇺🇦 & 🇭🇰.❤❤❤

@longshot7601 Ай бұрын

One Country, Two Systems. The two systems were oppression of the oppressed and the other was oppression of the formerly free.

@0Zebadee0 Ай бұрын

Used to visit this mall twice a week for years. It's heartbreaking but impossible to understand why the CCP wanted to forcibly shut down so many GDP-generating industries when it's not making the economic environment so hostile for foreign companies and foreign investment that would otherwise create a thriving economy. The CCP's 2022 National Policy to transform China into a nation of farmers and soldiers has only succeeded in transforming China into a banana republic.

@DK-gj5sp Ай бұрын

YOU ARE LYING THROUGH YOUR TEETH. YOU CAN NOT EVEN FIND CHINA ON THE WORLD MAP

@MasticinaAkicta Ай бұрын

Long Term Planning isn't in the book with China. They can make a plan for 5 years. But 20???

@DK-gj5sp Ай бұрын

@@MasticinaAkicta AMERICAN POLITICIANS ONLY THINK FOR 4 YEARS. 2 YEARS THEY WASTE ONLY ON ELECTIONS. CHINA IS BUILDING CITIES IN THE MID. THEY ALREADY ARE MOVING COASTAL INDUSRTY TO IN LAND. THIS IS MIND BOGGLING PROJECT. THEY ARE BUILDING SCHOOLS. ROADS, UNIVERSITIES, ROADS, BRIDGES, DAMS, HIGHWAYS, PARKS AND WATER PROCEESING PLANTS AND EVERYTHING IN BETWEEN AND OF COURSE FACTORIES. ITS 20 YEARS PROJECT. YOUR TINY BRAIN DOES NOT EVEN HAVE THE CAPACITY TO COMPREHEND THE SCALE OF THIS PROJECT.

@lance8080 Ай бұрын

Go back to rice farming 🇨🇳

@JoeBlow-fp5ng Ай бұрын

You would think the CCP would want to milk that golden cow of Western FDI for all it's worth and play the game for decades more, but no, Xi ended it all with insanely stupid policies and ill-advised actions. Talk about a self-inflicted wound.

@PsyrenXY Ай бұрын

The only booming business is visas to get out. And funeral parlors

@lance8080 Ай бұрын

Covid bio labs 🇨🇳

@Nova2Yung Ай бұрын

@@PsyrenXY its apocalyptic at this point, i thought i’d see this only in cyberpunk not real life🤣

@lostlogic6911 Ай бұрын

Ironic that a US owned property is the only thing keeping that mall alive.

@Nova2Yung Ай бұрын

@@lostlogic6911 🤣🤣🤣

@Byrvurra Ай бұрын

It's poetic. Since the US has been largely responsible for China's prosperity.

@CommunistKiller Ай бұрын

@@Byrvurraexactly.

@HoaMocLan998 Ай бұрын

@lostlogic6911..I don't think the US own that property, they rented and when the lease is expired, the consulate will leave also.

@lostlogic6911 Ай бұрын

@@HoaMocLan998 I wasn't talking about the mall, I was talking about the US Embassy, which by nature makes that area technically part of the US.

@Ukie88 Ай бұрын

Thank you Xi

@Canucks988 Ай бұрын

Where are the “Belt and Road” shoppers? Especially from Russia?

@Nova2Yung Ай бұрын

@@Canucks988 they’re being turned into cannonfodder in Ukraine 😔

@JoeBlow-fp5ng Ай бұрын

Russians are being packed off to Ukraine to get droned.

@wheezysqueezebox7651 Ай бұрын

Only the U.S. Consulate left open, with a big line of Chinese citizens, trying to get visas...

@user-wj6ev7cn6i Ай бұрын

中国已经崩溃了20年。不要关注中国。

@sarailustre8131 Ай бұрын

Yap, that’s 1 billion plus Chinese want to get out of 🇨🇳..oh no…

@user-wj6ev7cn6i Ай бұрын

@sarailustre8131 中国已经崩溃了😭请不要再关注中国了

@shubus Ай бұрын

Now if the US Embassy in Shanghai would just shutdown.

@ronnelacido1711 Ай бұрын

China will accuse the US of 'malicious closure'.

@ILovePancakes24 Ай бұрын

dont know why they still bother issuing visas to probable spies and saboteurs.

@CarburetorThompson Ай бұрын

Online shopping may have destroyed the retailers with lower prices, but they’ve also taken money away from future customers. With more unemployment who will buy your products?

@karlylo Ай бұрын

Online shopping also has employees. Literally, only the malls and real estate commercial spaces are empty. The unemployment is a problem for the whole economy. The online vs brick and mortar stores have the same effect on the economy.

@WarH Ай бұрын

Online shopping it’s actually the same businesses, but there’s no overhead

@TrinhNguyen-sh4fj 18 күн бұрын

@@karlyloExactly and people tend to forget who does all of the work like taking the orders, packing, shipping it out, etc…

@jandroniol Ай бұрын

This is exactly what happened in Spain in 2008, during the global crisis. The real estate bubble burst abruptly, thousands of shops closed because consumption dropped dramatically. Unemployment rose sharply and there were also companies that left their customers without their money. It took us 15 years to recover (and not completely) but we started with the advantage of being helped by the world's largest consumers: the United States and Europe.

@splatoon_octo Ай бұрын

And now Spain is hostile to those consumers, tourists mostly. I'm not saying that all tourists behave well, but good god the Spanish look ungrateful when they publicly shame or yell at tourists.

@OrontesRM Ай бұрын

@@splatoon_octo ungrateful? You don't know anything abt real estate market unbalancing

@helenrushful 28 күн бұрын

Chinas problem is way worse, it’s being led by utterly incompetent old men with no-mates.

@splatoon_octo 28 күн бұрын

@@OrontesRM I'm responding to the first comment that said that tourists help Spain economically.

@SkLui-rp1dd 24 күн бұрын

The last sentence will not apply to China.

@stevep5408 Ай бұрын

Yes but business at the US consulates business is up 856%🤔

@Nova2Yung Ай бұрын

@@stevep5408 the booming business is for visas to get out of the country…… and funerals…

@DK-gj5sp Ай бұрын

MY FOOT. MOST ARE FROM HONG KONG. THEY ARE UNDER DEBT. 800% INCREAE OF 4 PEOPLE, 1200% INCREASE OF 10 PEOPLE, 1400% INCREASE OF 16 PEOPLE. BS!!!!

@hungo7720 Ай бұрын

Vacancies are rampant across Chinese shopping malls as debilitated demand deadens everything. The retail industry is really bearing the brunt of such looming crisis.

@TheSumo294 Ай бұрын

Rooms at Hilton Shanghai are less than 80 bucks a night. Shanghai ain't doing well

@DK-gj5sp Ай бұрын

SHANGHAI IS CHEAPER THAN USA. YOU ARE JELOUS BECAUSE FILTHY HOTELS IN AMERICA ARE CHARGING YOU 500$ PER NIGHT. YOU KNOW SHANGHAI IS AFFORDABLE BUT YOIUR ASS IS BURNING BECAUSE GRREDY ARE SHAFTING YOU IN AMERICA WITH GARBAGE SERVICE

@SkLui-rp1dd 24 күн бұрын

It was like 200 bucks at year 2000.😂😂😂

@waynehewett4017 Ай бұрын

Its hard to spend money When You have no job No money No house Debts up to your eye balls And are struggling to not starve

@Xingqiwu387 Ай бұрын

This is the exact same situation in many American cities too. Santa Monica California now looks like a ghost town. Every once-thriving restaurant, boutique, mall, coffee shop, and fitness studio has been boarded up. Drug addicts are everywhere and violent crime has gone through the roof.

@Mark0003260 Ай бұрын

So much of what happened in southern California was driven by the boomers who are all dying off or at an age they no longer spend a lot of money.

@RogerSanGabriel Ай бұрын

Ok go back to China.

@surfside75 Ай бұрын

Back in 2006ish I would spend every summer weekend in Venice.. you could just start to see some homeless activity, albeit was not bad. Vibe was chill and never saw a single thing happening untoward for the years I went. I suppose everything has changed now nearly 20 years later. Sad.

@lovelyla85 Ай бұрын

It’s definitely not a ghost town lol. I live here.

@RatTerminator Ай бұрын

Great!! America 🇺🇸

@Nova2Yung Ай бұрын

@@RatTerminator 🇺🇸🇺🇸🇺🇸🇺🇸 FREEDOM

@OrontesRM Ай бұрын

hmmm dude, you shouldn't celebrate either XD

@lwmtx6156 Ай бұрын

I just came back from Shanghai yesterday. The mall u mentioned is just outdated and no longer competitive 。

@GizzyDillespee Ай бұрын

OMG... the self-improvement exercise store calls themselves "Karma Yoga"?! What hubris! I suppose, if I lost some weight, that could be of some small benefit to the people who have to look at me... but... OMGLOL!🤣

@signs799 Ай бұрын

The fruits of Corrupt c. p. Great leap backwards

@Nova2Yung Ай бұрын

Winnie the pooh is sending the country back to the stone age! 😮

@chinesesparrows Ай бұрын

@DK-gj5sp if that's true, CN closed more than 11000% US rate lol

@Nova2Yung Ай бұрын

@@DK-gj5sp Patriotism of Xinnie PorkPooh #slopaganda #misery - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese property Ponzi sector, which accounts for 30% of GDP, is crashing -Tofu Exports and Western imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left. -Consumer prices are experiencing hyperstagdeflation. -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gap is already highest in the world, at 300%, according to Bloomberg. - This is a macroeconomic nightmare created by the party going way back in 1994 when they took the Tofu money off the international exchange. Now in 2024, the banks and the average little pink have no idea what is the ACTUAL value of anything within the country. Any stimulus from the Central state. will be meaningless and ineffectual because the Central Bank is a part of the Party. Thereby merging both fiscal Central and monetary private policies into one ongoing disaster. Local province officials were doing stimulus spending for decades in tandem of the "Economic Miracle" which will undermine any Central stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY NIGHTMARE. -- in the future house prices will drop to 10%, youth unemployment will be over 70%+ without streams, and middle class people over 35 will all be laid off. Credits to Laffey!

@safffff1000 Ай бұрын

Winnie's another banksters puppet just like the ones we have also destroying other countries

@Ukie88 Ай бұрын

Mao age

@DK-gj5sp Ай бұрын

@@Nova2Yung KZbin DELETES MY COMMENTS WHEN I SAY USA WITH 35T DEBT IS STARTING WARS AROUND TTHE WORLD WHICH IS TRUE BECUASE KZbin DONOT WANTS FOOLS LIKE YIU AWAKEN FROM SLUMBER AND START REVOLUTION IN AMERICA

@markfcoble Ай бұрын

They have fiat currency too.

@haophong64 Ай бұрын

You are dummy

@williamstearns7490 Ай бұрын

I’m still stunned by witless wonders who think opening a restaurant is something you can do without long experience and exhaustive due diligence. And even THEN it’s risky! And even when you are the rare individual who is actually enjoying some measure of success, the Chinese herd stampedes in and opens a dozen of the same exact business within 2 blocks of yours, ensuring everyone fails. It’s a MUCH safer investment, causes significantly less pain, and with MUCH better odds of success, to simply empty your bank accounts, or take a loan, head to Macau, saunter over to roulette tables, and put it all on Black.

@dr.zschanel3671 25 күн бұрын

Why are Costco, Starbucks still opening new outlets? It's crazy

@ronnelacido1711 Ай бұрын

"Professional deadbeats", "professional closers". Wow, China invented a new industry niche. Other countries should seriously consider this new business model.

@frankfong256 22 күн бұрын

Half of the city’s stores were closed in San Francisco. 😮

@peteranthony7877 28 күн бұрын

Shopping malls everywhere are under pressure due to online competition. My favorite mall in Los Angeles closed, too.

@Sayitlikitiz101 Ай бұрын

But according to the CCP, China's economy is growing at a 5% rate.

@WarH Ай бұрын

@@Sayitlikitiz101 -5% made in china

@robman2095 Ай бұрын

Yes but apart from the fact that the CCP can fake any figures you can also fudge GDP legitimately with government spending which never reaches consumers, or if it does, which consumers never spend

@ElmerSolis-wn7js Ай бұрын

tofu

@tommylee2137 27 күн бұрын

@@WarHplease face the reality. China’s GDP 5% increase. Is it hard to understand? Or your math isn’t bad? No, you just like to hear the opposite, not is not truth!

@WarH 27 күн бұрын

@@tommylee2137 well let’s put it this way. My wife is from the Philippines. She knows a lot about China and the people that run that country or nothing but liars they care nothing about outside the country. Don’t even care about their old people and for 5% GDP that’s a bunch of bullshit America has 2 1/2 GDP and we have a lot more going for us in this country that they do in that country and we only hit 2 1/2 so what’s the truth?

@williamsanjuan1126 Ай бұрын

What amazes me is that there's no news about crimes. Its largely peaceful place. Unlike in the USA, crimes are getting out of control.

@mingzhumassage7646 Ай бұрын

How come Chinese are travelling on holidays to Japan, Thailand etc. Is this news for real.

@GizzyDillespee Ай бұрын

The REAL entrepeneurs will be selling convenience items, and little American flags, to the line of people outside the US consulate🤣. The outlook for malls isn't so good in 2024 compared to in 1998. The operational costs always have been onerous. In 2004, when my friend told me how much they'd been increasing her rent each year, while mall traffic was steadily declining, then I knew it couldn't last. The owners lost alnost all of their stores, rather than charging a sustainable rent. Now the venture capital ownership has to maintain the property for the few stores that remain. This is in the USA. Perhaps in China, there are similar retail trends?

@GizzyDillespee Ай бұрын

Her mall was owned by Pyramid Corp. I called them venture capitalists, but they'd probably disagree with my label. Maybe real estate speculators is a better term.

@WarH Ай бұрын

@@GizzyDillespee a lot of businesses here in America they’re closing in the malls only because they know they could do better online and have absolutely zero overhead. It’s a no-brainer and besides that everybody in this damn country buys online anyhow. I’m 63 years old. I love going to the mall, but now I buy everything online, it’s easier. If it says made in China, I sent it right back. I will not buy anything that’s made in China and that’s not because of the people it’s because of the assholes that run that country. I will not buy a damn thing that’s made in China.

@christianmartires729 Ай бұрын

The consulate should leave while they still can. Remember the last time citizens where told last moment to get out?

@prestonphelps1649 Ай бұрын

Damn. The narrator is so articulate AND bilingual

@ms.pirate Ай бұрын

We are now gonna get more mysterious liminal spaces images!

@brianjones7660 Ай бұрын

Huh?

@ms.pirate Ай бұрын

@@brianjones7660 have you heard of liminal spaces or the backrooms?

@SkLui-rp1dd 24 күн бұрын

Essential items are increasing like crazy,. Luxurious items are cutting prices....DEFLATION ?

@patgreenshc Ай бұрын

How qualified are those advisors assisting the Chinese economy? I see China is practicing tit-for-tat against the West rather than viewing a broader perspective of its economy.

@kate2create738 Ай бұрын

Those on top are just trying to survive to keep their jobs, so much information has been dwindled to reach the top whether it’s chairmen or to Xi. People are afraid to speak ill and it backfires on the messenger, lose their jobs or disappear. Therefore a lot of the information tends to be skewed in any effort to please those up top, but it leads to a lot of mismanagement on nearly every sector.

@robhappe2705 Ай бұрын

But GDP is still growing.

@JoeBlow-fp5ng Ай бұрын

Don't believe CCP numbers.

@user-wj6ev7cn6i Ай бұрын

中国已经崩溃了20年。不要关注中国。

@kennethnystrom593 Ай бұрын

5% growth. Yeah I think not.

@squakwa2888 Ай бұрын

You’ll get Bad karma from bullying

@STARFLEETC0MMAND Ай бұрын

Similar Business Closures Is Happening Across The World.

@WarH Ай бұрын

Across the world where are you from another planet? Maybe Russia across the world is a big word.

@STARFLEETC0MMAND Ай бұрын

@@WarH 👽 We Are Among U, Watching The Human Mess Of Offing Each Other, For No Good Reason.

@walkingaround360 Ай бұрын

the shopping mall is closing for renovations... also when the video says almost 7000 stores close in china already this year, they should also say how many stores open. This is deceiving information

@SkLui-rp1dd 24 күн бұрын

Lost of confidence about the future ( both local and foreign ) , who can blame them ? 🤷‍♂️

@adofusjooknow7654 Ай бұрын

You're welcome, China. This is what happened in the USA thanks to you.

Ай бұрын

They should try to buy a Big Mack these days. geeez

@劲 Ай бұрын

I saw that Some Chinese stores inside the department store are wiping out completely except some restaurants

@JesuIsTheOnlyWayToSalvation Ай бұрын

Just started watching the video - the likes were at 827 and the numbers were faded, I tapped thumbs-up, the numbers are the regular white color, but, now the likes are at 429?!

@kennethnystrom593 Ай бұрын

Take a guess where the dislikes comes from.

@SkLui-rp1dd 24 күн бұрын

Now the leftover shops are in high demand ?! 😂😂😂

@TaintedStaff Ай бұрын

Not surprised even the Shanghai mall shutdown they have no money so why shop?

@LilyphiIia Ай бұрын

technically it was a crappy old mall, couldn't compete with better located malls in the area and was near empty every single time i went there (theres at least 6 more recently built/modern shopping malls on the same street)

@lance8080 Ай бұрын

@@LilyphiIiago back to rice farming liar 🇨🇳

@MckeyPark Ай бұрын

Shanghai and Hongkong were the most favorite city of foreigners in China. If the foreigners do not visit, it will be emptied by no means. China made very harsh law for foreigners to visit and nobody wanted to be arrested there. Naturally those cities became empty! Furthermore they blocked K-pop in China! If those cities were available to hold K-pop concerts there, there would be full of foreigners and not closed!

@gorganhorn6872 Ай бұрын

Who needs K-pop??? They can create their own pop music.

@0Turbox Ай бұрын

How does Aldi fare?

@amitabhamukhopadhay4203 Ай бұрын

China should at present spend hugely to restart the economy.after performing superbly that is the envy of the whole world it is meaningless to discontinue the process.forget about excessive debt but just pumping as much money as possible in the economy.at the same time factory premises made vacant by foreign companies to be taken over by local Chinese companies.plus there should be direct threat to foreign countries that there products will be banned in china if they move out of china.should do more trade with India as Indian government is opening up about Chinese fdi as well giving huge visas to Chinese technocrats.there is a global conspiracy to lower china s status as a top performer in every area.

@mkeith328 Ай бұрын

I lived on Xi Kang Lu and An Yuan Lu for 8 years and could walk to that mall in 30 minutes. Zero Covid killed the China economy. So sad.

@movebeautifullywithhilda Ай бұрын

Memories memories memories. I used to work for a company which office was at Westgate Mall “ Mei long Zhen” .. at that time it was a bustling mall in such a prime location… I still remember my crazy days there ,. sad to watch this video n seeing its end . It’s truly game over.

@billc6762 Ай бұрын

U.S. Consulate should leave too

@scottsandmeyer Ай бұрын

Please give a list of the most commercially successful cities and regions with their revenues, if available and reliable figures are available.

@ianrichardson3228 Ай бұрын

Much of this mirrors the traditional business pattern in China, added to foreign company financial woes which we see overseas at present. Online shopping has been visably establishing and taking over for many years, with consumers welcoming the savings opportunities. It's a changing world, we will adapt. 😊

@helentang6471 Ай бұрын

Not an objective commentary report at all. Walmart is losing yo it’s bad product selection and marketing and to the online shopping platform. Mei Lun Mall was very old and never did any remodeling.. just simply bad operation. This is another channel that makes the conclusion first and then selects the specific content to fit the judgement. China economy is currently under challenge but this channel does not post a fair and objective statement here.

@andrew4809 Ай бұрын

Just an old mall being redeveloped to something state of the art

@EVTV7 Ай бұрын

Lesson learned here. You act like a rude and threatening attitude, people around the world won’t like you. People can live with nothing and live peacefully and happy.

@jmshwood2801 Ай бұрын

You stated very well the obvious fact . .

@dremor8446 Ай бұрын

@@jmshwood2801 not obvious for ccp idiots sheep warriors

@acheable Ай бұрын

Old malls not revamp will lose out customers traffic to new ones.

@elcastorgrande Ай бұрын

It's all about one child. Nobody around to buy.

@macmcleod1188 Ай бұрын

That is a factor but the Russian invasion of Ukraine changed the ground rules. Businesses and jobs began to leave China. Especially every time it threatened 215 taiwan. It's time for both Nations to end this feud and recognized each other as independent states.

@Antiquated-Ether Ай бұрын

No purchasing power due to low wages

@DK-gj5sp Ай бұрын

THEY ARE RICHEST COUNRTY ON THIS EARTH REGARDING PP. SHAME ON YOU.

@Nova2Yung Ай бұрын

@lance8080 Ай бұрын

@@DK-gj5spstop Cheerleading for the CCP , China is crap 🇨🇳

@AG-en5y Ай бұрын

I feel sorry for Hong Kong

@movebeautifullywithhilda Ай бұрын

I don’t really agree that online shopping brought down visits to physical stores. People would still enjoy food n entertainment n window shopping. Also if sales are that good online the profit can still be ploughed back to make physical store a customer experience . No reason to close. The only reason for the closure of any mall is economic downturn. To say it’s anything else is sugar coating

@MsJuani1969Wiggins Ай бұрын

We are in a recession worldwide. Business are now starting to view what a pandemic causes. Whose to blame?

@tomstone7647 Ай бұрын

❤I pray for the Chinese people❤

@Badmuthaphka Ай бұрын

TOFU mall 😂😅😂😅😂

@popajoekiller Ай бұрын

The clicking noises of hen the guy was talking like halfway through hurt to listen to

@glenbirnie588 Ай бұрын

the fact this is coming out of china suggest there is something happen behind the scenes.

@disguy659 Ай бұрын

What happened to china. You know why.....

@youalo1904 27 күн бұрын

👍👍👍

@Mrrossj01 Ай бұрын

Westgate Mall? Bad. Really bad.

@cliffontheroad Ай бұрын

Story #1; 28 years. Aren't commerical properties only sold for 30 years? Is it possible the "owners" did not want to (have to) buy their property from the CCP during this economic downturn and thus closed all the shops. Inquiring mind wants to know. I desire a response from China Observer. They, the content provider, does not have to research this, but we deserve to know what they know.

@ronnelacido1711 Ай бұрын

Possible, but even assuming that the CCP let them occupy it for free, the bottomline is that they don't make money even for maintenance of the property. It's just basically a white elephant for the owners now.

@ric6074 Ай бұрын

Global well known 35 trillion debts is on the brink with 1 trillion added every 100 days.

@kehcat1 Ай бұрын

Omg…. I am so sorry.

@midimusicforever Ай бұрын

Close the consulate!

@mukamuka0 Ай бұрын

Economy is like an engine. It's easy to keep running but hard to get up from the stop. I won't be surprise that this is still the effect of pandemic lockdown back many years ago

@eikooowiesnowyowlchannels1921 Ай бұрын

Winnie was closing the mall

@mingcanwu 29 күн бұрын

Close at Oct 1? It is Chinese national day.

@yslee1217 Ай бұрын

Usa malls are immune to the vagaries of economic cycle?

@Bejust389 Ай бұрын

Thank you your always informatícela videos

@ciabuster6109 Ай бұрын

nothing more challenging than having Zombies in your country | Kensington, the most dangerous HOOD in Philadelphia, USA, they amost attacked me. | youtube

@meowsirikarn Ай бұрын

Everything go to online in China and also very tough

@henrycarlson7514 Ай бұрын

Sad for the workers, Poo at work.

@lance8080 Ай бұрын

Back to rice farming 🇨🇳

@Funica11 Ай бұрын

The US which had supported the 9-dash lines, tried to hand Taiwan and Okinawa to China will support China again! With its Flying Tigers Consulate😅😂

@Trump2024-b3r 6 күн бұрын

Yawn.

@haianh3936 Ай бұрын

Thank you buddy

@Wumao_Buster Ай бұрын

Well done Winnie the Pooh

@Mechabang Ай бұрын

Oh no! Anyway...

@colemarsh13 Ай бұрын

The time has come the walrus said to talk of many things... 📃

@Michael9-23-15 Ай бұрын

Wtf?

@joelgaas858 Ай бұрын

Walrus? 😅😅😅😅😅😅😅😅😅😅😅

@stischer47 Ай бұрын

LOL...obviously these Little Pinks have never read "Alice Through the Looking Glass".

@JohnWilson-wg4gk Ай бұрын

Of shoes - And ships - And sealing wax. Of cabbages and kings... Of why the sea is boiling hot... And whether pigs have wings.

@floduramiew8069 Ай бұрын

China should tax online shopping making it more expensive this will prevent collapse of city centers. Also delivery should be more expensive so people will eat out more.

@terryli340 Ай бұрын

They are poor again.

@wanderingdog6978 Ай бұрын

the CCP has the biggest and Fastest Money printing Machine in the world. So don't worry the Printing Machine will be back in Action Soon.😀

@beelichoong2143 Ай бұрын

Good Luck

@ciabuster6109 Ай бұрын

Zombie Olympic Games now in progress across America | America (TRUE STORY) - Streets of Kensington Ave Philadelphia Part 82 American Dream | | Homelessness In America: Alarming Rise Of Homeless Crisis In 2024 | youtube | Kensington, Philadelphia HOOD, this why is called Zombieland Pennsylvania, USA. |

@johnroberts1141 Ай бұрын

Sum Ting Wong.

@frockoff1 Ай бұрын

Can someone please explain to me what is the purpose of this channel why does sometime making up exaggerated news about China have anything positive to gain from them.. I really would like to know the motivation behind the owners

@elmadrigal4villarrea Ай бұрын

This channel is just anti Chinese propaganda made by America. Stores open and close all the time. Thousands of stores close in the US every year and it's a fraction of china's population. There are similar American created channels on other countries that don't bow down to western influence.

@tjjohnson-oj9or Ай бұрын

How is a mall closing down exaggerated news? They do sensationalize some things to be sure but not everything.

@JohnSmith-zn5nw Ай бұрын

Maybe you are unfamiliar with channels that tell the truth? Ones like this that show us actual footage from the places they are talking about? I'm sure the 'news' you watch would never 'exaggerate' LOL. You Chinese propagandists just can't adjust to the present reality - everyone knows how China is failing now and you made the world your enemy so we won't save you.