Asian small businesses suffered a disproportionate pandemic impact last year

Asian small businesses suffered a disproportionate pandemic impact last year

Nancy Yu has been a staple of San Francisco’s Chinatown since more more than two decades. His store, Asiastar Fantasy, sells souvenirs, gifts, and cultural items like red envelopes for Lunar New Year. Although she has overcome many challenges over the years, she has never seen anything like 2020.

“The past year has been a very difficult time – not just for us in Chinatown, but for the whole city, the whole world,” Yu said.

Its sales are down 80% due to the pandemic. But for several months, Yu has been opening his store several hours a day to be present for the community, even though business remains weak.

“We want to send a message to people and ultimately say, ‘Keep Chinatown open, we welcome you,’” she said. “I think it’s important that we stay open. We want to give people and other merchants …

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