China's Attempts to revive the economy are defeated and Tourist Cities are caught in the epidemic

38 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

vindheim
Published
On August 13, an Ikea store in Shanghai was temporarily closed because the government had tracked the virus's close proximity to the location. Terrified customers rushed to the exit, fighting the guards who were blocking the entrance. Those who were unable to flee had to wait until early morning to be bused to quarantine facilities. This is the current state of Shanghai, a city that is still far from normal.

The Shujahui Ikea catchment area shall undergo two days of quarantine and five days of health monitoring, the Shanghai government declared in a press conference on August 14. Shanghai's famed Xiaohui District is a lively commercial area when there is no outbreak. The Shanghai government was advertising the third Shanghai May 5th shopping festival, and many districts, including Shuja Wei, were offering discounts to get people to shop. The city government had expected to boost the desperately sluggish economy after more than two months of lockdowns, but China's characteristic response to the outbreak, lockdown on the spot, quickly crushed the hopes of the city government and its citizens of returning to their normal lives. Fighting the epidemic is a political task, and all economic and social activities have to take a back seat to it. Shanghai launched a shopping festival to promote consumer spending and then succeeded in wiping out the public; there are more than 200 shops inside, almost all of which have been wiped out, and only four or five are still open at the airport.

China, Beijing, Xi Jinping, Xi,Chinese Communist Party, CCP, Communist China, China insights, China economy, China middle class, China let is rot, China real estate, China banks, China economy crisis, China bank crisis, China unfinished buildings, China rotten-tail buildings, China stop pay mortgage, China refuse to pay mortgage, China protest, new discoveries 2023, china discoveries, china recession,
Category
Moldova
Commenting disabled.

Up Next