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RE: LeoThread 2025-04-06 04:45

in LeoFinance3 months ago

Part 2/9:

As foreign investors retreat, China’s once-thriving commercial hubs have transformed into desolate landscapes. The city of Guangzhou, widely recognized as “China's Southern Gateway,” has witnessed an influx of African immigrants who now dominate various trades. Although these communities have integrated over time, their contribution to the overarching economic landscape remains minimal. The withdrawal of larger Japanese, Korean, and Western firms spells disaster for the Chinese economy, impacting employment prospects as local stores shutter.