Top Beijing Mall Closes. Mall closures are coming. China's economy is doomed.

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Xidan Shopping Mall, a historic symbol of shopping in Beijing for over 94 years, officially closed its doors on December 31, 2024. This closure not only marks the end of a landmark commercial hub but also highlights the severe economic downturn in China. Shopping malls in Beijing and across the country are facing declining foot traffic, heavily impacted by the rise of e-commerce and a shift in consumer spending habits. In this video, we explore the reasons behind this transformation, its implications, and the sentiments of the people witnessing this significant change.
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