$0.3 Bread and $0.9 Milk Tea Sweep China, Driven by Desperate Survival of Buyers and Sellers
From the video, one can observe a remarkable scene on the streets of Xi'an, where people queue up for hundreds of meters to buy 2-yuan bread. According to the shop owner, the bread, priced between 2-3 yuan, sells over 5000 pieces a day.
Reports indicate that in October alone, 2-yuan bread shops expanded from Qingdao, Rizhao, and Zibo in Shandong to cities like Nanning, Kunming, Nanjing, Hefei, and even Beijing’s TianTongYuan, indicating the popularity of low-cost consumption scenarios among people of various social status in China.
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