‘In China, there is nothing that can be done now, no matter what is invested will be lost,’ a former private business operator said.

‘I saw a student carrying his classmate, begging the doctor to let him get on one of the vehicles. The doctor looked and said, ’No, he’s beyond help.'’

The close Taiwan-Japan relations are not only due to traditional friendship but also negative external factors caused by the CCP, said Prof. Sun.

Well-to-do Chinese Investors turn to Japan amid political turmoil in their home country.

Given the office vacancy rate is indicative of an economy, Shanghai’s economy can be expected to get worse in the future, an economist suggests