Is This the End? China’s Trade Hubs Face Factory Closures, Hundreds of Thousands Lining up for Jobs

The vlogger mentioned that many shops in the industrial area still haven’t opened, even though it’s already the twentieth day of the Lunar New Year. Maybe they’re still celebrating, or maybe they know there won’t be much business even if they do open, so they might as well stay closed.
Yiwu, a major hub for China’s foreign trade, is known for doing business with over 200 countries and regions. It has a high concentration of small foreign trade companies and is the world’s largest wholesale market for small commodities, providing jobs for many workers. But this year, it’s harder for people to find work after the holiday.
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