Owner Jan-le Low, left, moves order tickets as dishes are prepared at Satay Thai Bistro and Bar, amid the coronavirus disease (COVID-19) outbreak, in Las Vegas, Nevada, US, March 28, 2021. [Photo/Agencies]
BEIJING - Asian-owned businesses in the United States have suffered heavy losses amid the COVID-19 pandemic mainly due to difficulties in accessing government aid and fears over rising hate crimes against Asians, according to a recent report by Reuters.
By the end of March, sales for Asian-American businesses plummeted over 60 percent year on year, greater than the roughly 50-percent decline faced by other small businesses, Reuters quoted a research from the JPMorgan Chase Institute as saying.