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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. Machine-written — may contain errors; check the original before relying on it.

Read the original at elpais.com →

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