Luxury homes and cars aren't selling, upscale restaurants are closing in large numbers

#chinainsights

A restaurant with an investment of 8 million yuan closed down. The owner sold his home and car to invest in it. Now, he broke down in tears at the tragic loss. Have you noticed that all of a sudden, luxury cars aren't selling in China? Some models that used to require an extra charge and wait time are no longer in demand, and even Porsches like this one have seen a lot of discounts


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