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The new owners of Puerta del Sol are Chinese and sell costume jewelry: “We have less fear of risk”

Joyerías de bajo coste como MiraMira o Decorazón han conquistado el centro de la capital: esos locales valen ahora el doble

Translated from Spanish Read in Spanish

The new owners of Puerta del Sol are Chinese and sell costume jewelry: “We have less fear of risk”

In the area around Puerta del Sol, less than a hundred meters separate 12 Miramira jewelry stores. Their large pink signs and low prices are the main attraction and the company has more than a dozen establishments on the streets surrounding kilometer zero, from Arenal to Carmen and Preciados. They are the result of a quiet movement: Chinese entrepreneurs have gone from running restaurants and bazaars scattered throughout the city to becoming the true owners of the coveted center of the capital.

Translated by urgent.news from El Pais's report; automated translation may contain errors. Machine-written — it may contain errors, so check the original before relying on it.

Read the original at elpais.com →

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