restaurants

New Business

Bookings for Spring Festival reunion dinners a ray of hope for China’s restaurant owners

Lunar New Year, arguably China’s biggest annual holiday, can be seen as a barometer for the country’s economy. As more…

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New Business

Chinese cadres urged to splash the cash to boost consumption ahead of Lunar New Year

An official in the southwestern municipality of Chongqing has called on Chinese cadres to lead by example in boosting consumption,…

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New Business

China’s embattled restaurants, embroiled in price war, struggle to stay afloat

In Beijing, profits of the catering companies with annual revenues exceeding 2 million yuan (US$280,750) fell to 180 million yuan…

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