Arbitrage commerce between the rest of the world, Italy and China. Shanghai based. SMB owner.
Shanghai
Joined March 2008
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Amazing tourism season in Italy with the number of visitors back at pre-Covid 2019 levels, even without Chinese and Russian tourists.
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For all the good talks about decoupling from China, I think will be really really tough to move manufacturing away for here.
See below 👇
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Two shops closed due to Covid zero lockdown; now two entrepreneurs are betting on new concepts!
That’s why capitalism is the best even in China!
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China Sanya tourism growth is over.
If Covid zero policy persists, people will avoid to get trapped in lockdown (see below 👇) and not travel there
If China opens up borders, people will flock to Thailand and bypass Sanya
Either way the growth story is over
BREAKING : Sanya city, China🇨🇳
Authority setting up barriers on the streets to put this city in total lockdown now... just like Shanghai 4 months ago.
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This could be the final blow for Shanghai retail business. (See 👇IKEA deportation)
People were slowly restarting to go out and spend, but now who is going to a mall in Shanghai? What will happen to retailers?
"people are more afraid of being stuck somewhere than they get virus. rly hilarious"
As said by a Chinese friend of mine after watching this video of ppl threatened to get stuck at an @IKEA in Shanghai, due to alleged COVID cases.
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Even North Korea has lifted all Covid restrictions!
Which country is left with restrictions? 🤨
North Korean leader Kim Jong Un has declared 'victory' in his country’s battle against COVID-19 and ordered pandemic restrictions to be lifted aje.io/v7ryzl
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So coming back from Sanya (if/when allowed ) Shanghai residents are sent to a camp (or hotel) for a 3+4 quarantine!
Never been happier to stay home in August!
#Shanghai residents from #Hainan will be quarantined in designated places for three days before going home for another 4-day home isolation. If people don't have the condition to go home, they shall finish the quarantine in centralized spots. #COVID19 #海南 @explorehainan
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While China continues to self boycott local tourism (see lockdown in Sanya), Thailand downgrades Covid to flu further opening up to international tourists.
Thailand downgrades Covid-19 to same as flu; Japan to roll out Omicron vaccine scmp.com/news/asia/article/3…
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China has 1.4 bn people, most of which struggle to make it at the end of the month.
Yet government wastes most of its international reputation to get hold of 7 million people in HK and 24 mil in Taiwan….
China could easily be the biggest economy without these distractions
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An American company that is crushing in China is the Cheesecake Factory.
Huge portions for reasonable prices.
Long lines and restaurant packed.
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This could be the end of Covid zero policy in China in a few months:
Let WHO define end of pandemic or change definition of Omicron, declare victory vs virus, and get back to normal.
And everyone is happy….
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China Politburo: RELATIONSHIP BETWEEN COVID CONTROL AND ECONOMY SHOULD BE VIEWED IN A COMPREHENSIVE, SYSTEMATIC, AND LONG-TERM MANNER, ESPECIALLY FROM A POLITICAL PERSPECTIVE
I lose faith and patience when I read: Covid control and long term….
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I remember Macau pre Covid did 10X Las Vegas gaming revenues.
In the meantime revenues have collapsed below Vegas level and now this…..👇👇👇
#BREAKING: Macau has ordered residents with a Filipino passport to undergo a daily nucleic acid test, as health official Leong lek Hou took aim at the ethnic group. “Our epidemiology research found they tend to have more gatherings, like meetings among friends,” Leong said. (1/3)
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And just like that, this morning we are free to go out!
After 3 days of a supposed 7 days quarantine!
Only 3 floors remained sealed at the moment (below and above close contact floor)
Rules are made up by the day, someone arbitrarily decides our freedom…..
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Under lockdown again, today we received supplies of traditional Chinese medicines in case we get flu…..no thanks!
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7 neighbors been taken away this morning just because they were on the elevator with a guy who later tested positive.
This happened on July 13th.
July 16th are taken away without symptoms and negative.
And we are now all closed for 7 days.
After 3 years I still don’t get it
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