BEIJING/SHANGHAI - The coronavirus outbreak in China is pushing many small businesses to the brink as efforts to stem its spread left usually bustling streets deserted and malls shut or empty.
Sales were down 84 per cent year on year by the third week of February, says Mr Devos, now struggling to pay staff and landlords.Customers launched a GoFundMe crowd-sourcing campaign seeking to raise €300,000 to save the firm, but only around €14,400 has been raised so far.THE BAR OWNER: 'BACK TO TAIWAN FOR NEXT CHAPTER IN LIFE' On Tuesday , Mr Sam Kuan shut his Shanghai cocktail bar for good.
"At times like this, its usually small and medium businesses like us who bear the risks and responsibilities. In anticipation of a January opening, he spent four million yuan on renovations and rent in a downtown area. The only people in his restaurant are now a handful of waiters who kill time sanitising the spotless floor and tables over and over again, Mr Li said."On a good day we have one or two customers," he said."Daily revenue won't exceed 1,000 yuan."
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