Part 1/14:

Nationwide Wave of Business Closures Signals Economic Downturn

Last night, observations from Wanda Plaza's Higho restaurant offered a stark visual indicator of China's worsening economic health. The scene was striking: three tables occupied, yet the staff members surrounding the restaurant's central pot outnumbered the diners themselves. This frustration was compounded when the observer noted that the once bustling Higho — renowned for its wait times of over an hour — now appeared to have become a tight-fisted, "cold" restaurant, indicating a significant downturn in consumer spending.