Poor consumer appetite is fueling a price war among lower-end restaurant chains in China, which analysts say could harm smaller businesses struggling to keep up with discounts offered by bigger players
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At Nanchengxiang restaurants
in Beijing, customers treat themselves to a breakfast buffet
with three types of rice porridge, sour and spicy soup, and milk
- all for the price of 3 yuan . . -Today at 05:00 am- MarketScreener
BEIJING: At Nanchengxiang restaurants in Beijing, customers treat themselves to a breakfast buffet with three types of rice porridge, sour and spicy soup, and milk - all for the price of 3 yuan (US$0.40). "Many good, cheap choices popped up during the pandemic," said 71-year-old Gao Yi, while sharing break
Once the mutton skewers began to sizzle on the barbecue, children at a campsite in Beijing gathered around, eyeing the fat, juicy, slightly burnt mutton to be slid onto their plates.