Property News · June 10, 2020

As China’s ‘vendor economy’ goes from state approval to pariah, analysts see synergies with commercial real estate market


China’s street vendor economy is getting some mixed signals from municipal governments after an apparent endorsement from the State Council, causing confusion about the role of small businesses in the midst of a slump.Since Premier Li Keqiang called for a loosening of controls on small vendors on the streets of Yantai in Shandong province, the message has been interpreted as a nod for mobile stalls to alleviate an unemployment crisis and provide an income avenue for millions of workers…

Source : South China Morning Post
Read more…As China’s ‘vendor economy’ goes from state approval to pariah, analysts see synergies with commercial real estate market

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