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I was watching content from ADVChina on YouTube, he echos what you're saying.

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I watch it too, good content generally, they're a good duo.

But walking around in the malls etc. you can see, especially in the tier 2 cities, lots and lots of "for rent", "closing down" etc signs. A few years ago, it was booming, but now, not so much. Admittedly, I haven't seen much commie propaganda at least in Nanjing, but I don't trust them.