Chinese Shoppers, Stuck in China, Revive Local Malls Chinese Shoppers, Stuck in China, Revive Local Malls
With travel restrictions keeping people at home, many are spending at local shops with cash they might otherwise have dropped abroad
published : 27 May 2021 at 04:00
Don t tell Chinese consumers that the shopping mall is in decline.
While shoppers on the mainland like to browse for items online, during the pandemic many said they rediscovered the joy of making purchases at bricks-and-mortar stores after being cooped up at home for weeks.
China was also the only major economy to report economic growth in 2020 after limiting the spread of the coronavirus early on and allowing people to return to work by midyear. But travel restrictions kept most from going abroad meaning local shops saw cash that might otherwise have been spent on trips to Europe, Japan or the U.S.