In this article - Central Arcade through the decades:
the 1920s - the Burlington Arcade of Shanghai
the 1930s - the market for Japanese haircuts, German antiques, Chinese curios, Russian fake teeth and French lingerie;
the 1940s - the black market for American army rations, watches, corned beef, boots, lighters and aluminium spoons;
the 1960s - the black market for rice, oil, fabric and bicycle parts;
the 1970s - the black market for repair services and used consumer goods;
the 2020s - back to the mall.
The article in Russian. The Google translation of the article.