After Fiona Hu left her small rural hometown at 18 years old, she put in decades of hard work to start her own beauty salon in Guangzhou. But after two years of on-again, off-again business due to the coronavirus pandemic, she is drowning in debt and her dream is turning into a nightmare. "Now, I have nothing but loans," the.
To contain the spread of the highly infectious Omicron variant of the novel coronavirus, an increasing number of Chinese cities have taken strict prevention and control measures including implementing phased lockdowns. That has added to the problems of the already struggling micro, small and medium-sized enterprises.