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There are many closures! Both bosses and workers are panicking!
Guangzhou, once a vibrant symbol of China's economic might, is now facing an unprecedented economic downturn. Once bustling factories now stand silent, and entire districts of this manufacturing powerhouse are grappling with closures, unemployment, and despair. In this video, we explore the real stories behind the decline: interviews with locals, scenes of abandoned factories, and analysis of how global economic shifts and domestic policies are impacting the city. Can Guangzhou recover, or is this the beginning of a larger trend in China's economy? Watch to uncover the untold story of this iconic city's struggle.
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