Beijing, Shanghai in Deep Recession: Rich Areas Turn to Ghost Towns, Millions Vanish
Beijing, Shanghai in Deep Recession: Rich Areas Turn to Ghost Towns, Millions Vanish
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On May 16, a user posted on Douyin that the Beijing Wanliu Golf Club suspended operations. Apparently, the staff is being let go and caddies face unemployment. Members have not received any refund information. One user posted a video saying it’s confirmed—Wanliu Golf Club is closed. This news shocked many golfers. They find it hard to believe, accept, or admit it. An old and established golf course just ended like this? It's really a pity.
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