The fate of one of Beijing’s last bastions of English books is up in the air today as its parent company in Hong Kong has closed the doors on its remaining outlets and gone into receivership.
Page One Bookstore, which has locations in Taikoo Li, China World and Indigo Mall, just yesterday shut its remaining branches in Hong Kong -- once its most successful market -- apparently under the burden of enormous losses.
We called all Beijing locations late Friday afternoon, and each said they remained open and had no knowledge of an imminent closure. No one answered the store’s Beijing HQ phone number listed on its website or replied to emails, so further confirmation was not possible by the time of this post.
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