Never Seen Shanghai So Bleak in 70 Years! Footage Shows Its Heart Deserted Even on Friday Night

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China’s economy has been slowing for years, and the strain feels even stronger in Shanghai this year. One local business insider said, “Let me tell you what Shanghai is like right now. Shopkeepers and restaurant owners are struggling. So are supermarket owners, hardware and building supply dealers, company owners, and factory owners. Even online sellers are struggling. So are those loan brokers everyone dislikes. There’s no easy business anymore. Really, if you’re still making any money, consider yourself lucky. Most business owners are in terrible shape. Even bank managers are struggling. They have all this money, but creditworthy customers don’t want loans. The people who need loans don’t qualify. If banks lend, they worry they won’t get repaid. If they don’t, they miss their targets. Everyone’s having a hard time. Everyone.”

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