Can anyone with any knowledge of economics explain the way commercial real estate works in China to me? We found this straight up baffling. See these stores?
Every single one is a cell phone store, and it's like that for blocks. On the other side of the street as well:
Now, I've got some basic knowledge of economics. I can understand that the best place to open up a bar is right next door to another bar. The best place to open up an apparel shop is right next to another one, and that's because people like to shop around, go to one establishment, then go to another similar one, etc, and that's convenient when they're right next to each other. They do this sort of thing in China, too, but they take to the extent that every cell phone store sells the exact same thing as every other cell phone store in the whole cell phone district. Now, can someone tell me how more than one store stays in business?
China is a country with no copyright laws and rampant fraud. Branding means nothing here, and often knockoff products don't even try. Take these "Gaxlay S4" phones for instance, running an "Adnroid" operating system.
For a slightly higher price you can buy a "Galxay" series phone.
Samsung's already up to making the Galaxy S13 here in China.
This is how meat is sold in one of the more respectable meat-selling establishments.
A shot from the shoe-selling district in Lhasa. Every store nearby has the same merchandise.
Lhasa was great. We'll miss it. The air here smelled like sage, Buddhists were praying everywhere, and everything was beautiful.
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