Record 3 million China restaurants went out of business in 2024 February fall in consumer inflation fastest since January 2024 Restaurants in price war as consumers skimp on dining out BEIJING ...

Workers collect used kitchen equipment from an out-of-business bakery in Beijing A restaurant in China has an average lifespan of just about 500 days, analysts say, falling to as low as a year in ...

BEIJING (Reuters) - In a dilapidated warehouse on the outskirts of the Chinese capital, businessman An Dawei inspected rows of giant fridges, industrial hobs and commercial bread ovens waiting to be ...

During a long holiday weekend for China’s Tomb Sweeping Festival this month, travelers crowded into tourist sites and restaurants. They made 126 million domestic trips and spent about $8 billion ...

China’s armed forces are more ready than ever to surround the self-ruled island of Taiwan, cut it off from the world and try to squeeze it into submission. A Chinese blockade of Taiwan would be ...

China on Tuesday slammed US Vice President JD Vance for his comments about “Chinese peasants” in an interview that has drawn widespread ire and ridicule on China’s internet – and ...

Behind every appliance is the tale of a failed Beijing restaurant, set up by those who often bet their life savings on a V-shaped economic recovery after the Covid-19 pandemic, only to see consumers ...

This is one in a series of articles detailing the speeches that were given. Willowick Mayor Michael Vanni reported that the city finished out 2024 with a general fund carryover of just over $5.2 ...

Her parents, Bill and Cecilia, opened Poon’s of Covent Garden in 1973, earning a Michelin star in 1980 and becoming one of London’s most iconic Chinese restaurants, helping to shift ...

A restaurant in China has an average lifespan of just about 500 days, analysts say, falling to as low as a year in Beijing, where municipal data show net restaurant profits plunged 88% in the ...

China has announced a wide-ranging “special action plan” to promote domestic spending, in an effort to counter the economic impact of tariffs imposed by US President Donald Trump. The ...

China’s economy got off to a good start this year and authorities are ready to deploy more stimulus if growth loses momentum, a center bank adviser said. Huang Yiping, a member of the Chinese ...