May 27, 2021
A survey found 90% of Asian American entrepreneurs over age 45 reported revenue loss amid the pandemic.
SHOW TRANSCRIPT
In Chicago s Asia on Argyle, these historic city blocks are lined with Southeast Asian shops and restaurants. There are about 60 businesses, mostly Vietnamese, Cambodian and Thai. The businesses here have been hit hard by the pandemic and the people in this community now live on high alert due to recent incidents of anti-Asian hate. a A lot of the businesses haven t been able to survive, says Jennifer Nuky Pham, co-owner of Mini Thương Xá Pharmacy.
A survey found in the U.S., 90% of Asian entrepreneurs over age 45 reported revenue loss and, in this past year, saw the largest decline in ownership than any other group.