#StallEconomy

Recently,”地摊经济(dìtān jīngjì) stall economy” is a greatly talked-about economic phenomenon in China today. This topic is everywhere on some social platforms in China,. What does it mean?

The topic came up because we were discussing the pandemic this year, and the fact that the economy was extremely sluggish – some might even say “stalled” – meaning that many small and medium-sized enterprises could not withstand the sudden loss of business and chose to shut down.…