China’s Grimmest Mid-Autumn Festival: Real Economy Utterly Collapsed! Mooncake Vendors Made Just $2

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Look, where is everyone? It’s the Mid-Autumn Festival, but the supermarket is empty. Normally, this place would be packed during the holidays. Maybe everyone is shopping online now, not even stepping outside. I just came out to buy some steamed buns; otherwise, I wouldn’t have come out in this heat. Maybe it's because the kids are back in school, so fewer families are out shopping. But just because kids are back in school, does that mean parents stop eating and drinking? Or maybe after paying for school fees, no one has money left to spend, and people are unwilling to buy anything. It’s really tough for physical stores this year; business is hard, and no one wants to spend money. Even I don’t want to spend much—I'm only buying a steamed bun for dinner. I won’t even splurge on snacks. Physical stores are really going under.
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Not even China will buy Made In China 😂😂😂😂

bye
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Who would buy Mooncake when dogs won't eat them to them able to kill ants/repel them to teeth to bugs findings in them to them being harder than a rock!!?

keip
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What did they expect? 🤨
Banks are limiting spending, bosses aren't paying their employees, and people are losing their jobs.

Hellofaird
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I mean… when you keep scamming people with fake or disgusting food, big surprise no one buying foods.

nhanlol
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Everyone is use to being locked up at home now after the pandemic. People go out only for mandatory chores.

asnpride
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let me sum it up, rich chinese leave the country, wether poor or educated people cant find jobs, looming real estate bubble, citizens unhappy about their goverment, foreign investors withdrawing, EV market goin down, people cut down spending, manufacturing trending down, chinese stock market as well...im really curious for CCPs annual economic report.

DeanMonio
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Mooncakes are one of the worst food malinvestments possible. Nobody eats them, but billions are spent buying them. Imagine growing beef to sell, but nobody ate beef. Or raising pigs, but nobody eats pork.
There is video online of dogs refusing to eat mooncakes.
This is mal-investment. It is a gigantic waste of resources. Rather than wasting all this food, the food should be made in such a way that people want to eat it. All this food waste is happening in a country that cannot feed

tarstarkusz
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Things will get better under your great leader Xi Jinping.

iancheng
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Chinese consumers are clever. They know how to prevent inflation.

mkc
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No mooncakes for me this year - scared of them.

BR-hiyt
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All of these videos about the bad economic state of china shows me one thing: no one knows what to do during a bad economic time. This is not a collapse yet.

Don't try to produce in abundance when you know that the people around you can't buy it.

TV_Bucks
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That is bad if they're not even buying mooncakes. Jeez, I remember first arriving in 2012 right before mid-autumn festival and the supermarkets were packed and I received mooncake after mooncake as a gift. When I left in 2020 during the pandemic before it was still always packed at mid-autumn. I guess I'll reach out to friends and see how bad things really are.

Bemmuu-pm
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If I was teenager playing Sim City like Pooh Bear, I'd institute a 20% internet shopping tax. Try to even the playing field for brick and mortar.

HKim
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Is it worth risking your health by eating 1-yuan mooncakes?

Commenter
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Chinese consumer lost confidence in their financial future. They feel grim future instinctively. So they save up money instead of spending it.

youcantata
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Do you want to buy a poison mooncake or the explosive one? 😁😆😅🤣😂This may be your last cake you eat on earth. 🤣🤣🤣

Jumpgo
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Little Debbie be selling moon pies on the low..lol

juggalolife
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Why arent they interviewing real consumers

stephaniechik
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Soon the National Security Law would arrest people that do not buy mooncakes.😂

jgo
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that empty store in the first clip is wild - I've only ever seen a store as deserted at like 2am, and even then there's still some people there.

classifying cities as "1st tier" or "4th tier" is really weird. does any other country do that?

what do the mooncake vendors do with the extra stock? freeze them for next year? make mooncake hooch? composting?

thelegion_within