Empty Kitchens, Closed Stores: Small China Firms Struggle to Cope With Epidemic Fallout
A man wearing a face mask is seen in front of a closed shop on a street, following an outbreak of the COVID-19, in Beijing, China, on April 16, 2020. Tingshu Wang/Reuters
BEIJING—Ma Xinli has shut four of his clothing stores and expects to close another three by mid-June. Unsold winter stock is now hard to sell, there’s no money to buy summer clothing, and rent and staff salaries still need paying.