The skyscrapers shining against the night sky, the world's leading financial district, and the dazzling night view of Shanghai.

However, stepping inside these buildings reveals a scene that cannot be seen from the outside.

Offices with lights on but no one inside, a growing number of vacant shops, and the transformation of places once bustling with people.

Furthermore, figures have been confirmed showing a vacancy rate of around 24% for Grade A offices in Shanghai.

This video will examine the changes currently happening in Shanghai, from the interiors of skyscrapers to shopping streets, employment, real estate, housing, and consumer spending, using various figures and local voices.

Why are the lights on even in places where there are no people?

What is really happening in Shanghai, once considered a "symbol of success and prosperity"?

Please watch until the end.

#China
#Shanghai
#ChineseEconomy
#ShanghaiEconomy
#ChineseRealEstate

00:00 ~ Opening
00:40 ~ Something strange is happening in Shanghai's nightscape... The glittering skyscrapers are empty
05:05 ~ Why are the lights on in the empty offices?
09:54 ~ Walking through the streets of Shanghai reveals a landscape full of closed shops and vacant offices
14:34 ~ High-end office vacancy rate at 24.3%, changes even for foreign companies
20:39 ~ The harsh reality awaiting those who sought work in Shanghai
25:33 ~ Young people unable to even get an interview and unemployed office workers
30:59 ~ Workers, shop owners, and disappearing tenants leaving Shanghai
36:12 ~ Shanghai's current state as seen through housing, consumption, and real estate