Live Streaming Ecommerce Industry Plummets In Communist China

Japanese media reported on September 3 that the Live Streaming Ecommerce industry, a key contributor to the CCP’s expanding economy, took a sharp turn in 2022 and is currently collapsing. Journalists from Japan visited Hangzhou, Zhejiang Province, the key distribution hub for Live Commerce in Communist China. There are now a lot of vacant buildings with “live broadcast” signs on them. They also observed workers lugging various pieces of equipment while the reporter was there.

The building’s walls and ceiling were severely damaged during the moving process, and the once-bright and fashionable edifice was quickly reduced to rubble. Companies that are still struggling to stay afloat claim that the Live Commerce industry has a low starting point and too much competition.

Staff salaries, guest appearance fees, equipment maintenance costs, and venue costs continue to be exorbitant, and the industry as a whole has a very low survival rate. The decline of the industry will make it impossible for the CCP to hide the reality of the skyrocketing domestic unemployment rate and the economy’s collapse, according to observers who noted that the Live Commerce industry has almost entirely replaced the CCP’s so-called “flexible employment.”