'Now it's bare': NYC's Chinatown small businesses battle to keep doors open. Ting's Gift Shop announced it's closing after 66 years in business. 7:14. By Leah Sarnoff. May 23, 2024, 6:06 AM.

CNN’s Ryan Young takes a look at how small businesses in New York’s Chinatown are preparing for the steep tariffs on China. CNN. Businesses in Chinatown fear tariff battle.

From 2019 to 2021, economic decline compounded by the effects of the COVID-19 pandemic left Manhattan's Chinatown with a 26% decrease in jobs, 12% more than the New York City average.