"The Velvet Economy: How Shanghai's Entertainment Clubs Became the City's Shadow Power Centers"

I. The New Club Geography• Bund waterfront elite establishments • Former French Concession hidden gems• Pudong's corporate power clubs• Underground venues in HongkouII. Clientele Breakdown- Business tycoon demographics- Celebrity frequenter
⏱ 2025-05-19 00:49 📢 0 ℃
Shanghai's Underground Palaces: The $3.8 Billion Entertainment Club Industry You Never Knew

Shanghai's Underground Palaces: The $3.8 Billion Entertainment Club Industry You Never Knew

I. Market Overview (2024-2025)- Total market value: ¥27.6 billion ($3.8B)- 1,284 licensed establishments (38% in Huangpu District)- Average nightly revenue: ¥85,000-¥420,000- Employment impact: 92,000 direct jobsII. The New Business Models• Me
⏱ 2025-05-19 00:25 📢 0 ℃

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