2024 Small-Town Consumption Downgrade
The popularity of information platforms like Douyin has eliminated many information asymmetries (profits), making it ha…
From the cases mentioned in the article, it's basically hard to make money. If you run things honestly, you might even end up losing money.
A catering equipment recycling boss said most equipment gets resold back after about three months. Most street vendors are doing well if they can make 3,000 yuan a month.
Nankang’s exodus built Shunde and Foshan; the回流 has built them.