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In today’s video, CHINA SOCIAL TRENDS analyzes a shocking economic downturn shaking all of China: no one is buying gifts, companies are out of money, and the 2025 crisis is hitting every corner of society. According to the latest mainland data, retail growth has fallen to its lowest level in two decades, while the gift-giving market — once a gold mine — has collapsed by 35%. Mooncakes, cigarettes, luxury liquor, even hairy crabs… all are piling up unsold. Major brands such as Maotai, Wuliangye, SK-II, and Dior report revenue declines of 20% to 40%, levels not seen in years. Across major cities, mooncake inventories have reached millions of boxes, with supermarkets forced to slash prices to one-third — yet sales remain stagnant. Some companies have become so financially strained that they can’t even afford to distribute mooncakes to employees — something that used to be an untouchable tradition. CHINA SOCIAL TRENDS points out that this isn’t just a drop in consumer spending; it’s a warning sign of the shrinking and weakening Chinese middle class, once the backbone of the nation’s economy. As holidays like Mid-Autumn Festival, National Day, Christmas, New Year’s Day, and the Lunar New Year approach, instead of the usual shopping frenzy, millions are cutting back: no gift-giving, no banquets, no travel. This sudden frugality creates a domino effect that is hitting factories, shops, and small businesses across the country. What caused Chinese consumers to stop buying gifts? Is it economic decline, collapsing confidence in the future, or the middle class falling apart? Is this only a temporary downturn — or a sign of an even larger crisis coming in 2025? Share your thoughts in the comments — we’d love to hear your perspective. Don’t forget to like, subscribe, and share the video to support our channel. • Rejected 8 Marriage Proposals, Her Boyfrie... • Betrayed, This Husband Spent 8 Years Plann... • $280M CEO pretends to be poor for true lov... All content on my channel has been developed by my team, with the use of some images from other sources. If there are any issues related to copyright, please contact me