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CA Gas-price Surge Hits Small Businesses in SF’s Chinatown

Posted: Oct 09, 2012

As California gas prices hit a new record high at $4.65 a gallon, the gas price spike is taking customers away from San Francisco Chinatown. Chinese Americans who live in or near the city usually drive to Chinatown to buy cheaper goods, but they are now reluctant to make the trip into the neighborhood. Many small business owners are closing their shops early, because it is more cost effective, the World Journal reports.

Founder and co-chair of A Better Chinatown Tomorrow (ABCT), Wilma Pang, said the increasing price of gasoline has heavily hit small businesses, especially restaurants. “It possibly took away 30 percent of the sales,” she told the World Journal. “Chinatown has already been hugely hit by economic recession. I am very worried if small business owners could survive under the climbing gas prices.”

Miss Lei, who owns a DVD shop in Chinatown, told the World Journal that she‘s seen a drop in visotors to her shop last weekend. “The customers usually shop at Chinatown until late evening, however, I had not seen many customers coming after 3 p.m. last Sunday. As for the customers who are looking for cheaper prices in Chinatown, the high gas price is going to stop them from coming.”



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