800 Million Chinese At Risk! China’s Real Economy Crashes, $20M Hotel Won’t Break Even for 500 Years (opens in new tab)

I invested 130 million yuan in this hotel, but so far today, the total revenue is only 7,495 yuan\. Given these operating conditions, I might not break even for the next 500 years\. I’m losing 300,000 to 400,000 yuan every month, and new competitors are constantly opening hotels in the market\. What should I do? I bought this building for 70 million, and the renovations cost another 60 million\. My total investment is 130 million\. Honestly, I don’t know what to do—should I sell and shut down...