Walmart Is Shutting Down in Dongguan — Supermarkets Across China Are Collapsing

"China's economy is currently experiencing a severe recession, widespread unemployment, and numerous business bankruptcies. Many stores now sit deserted, with the once-vibrant scenes of shopping centers becoming a thing of the past.
Following the collapse of Carrefour, one of the top three supermarket chains under Suning Group, stores belonging to the famous supermarket chain RT-Mart and the renowned Japanese Isetan department store chain, which has been operating in Shanghai and Tianjin since 1997, have announced their closures. Metro China's Hutai Road store has also gone out of business and closed. The famous Shanghai City hypermarket, Cityshop, which specializes in distributing high-end items and boutique brands, has also announced its closure.

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