China restaurant openings and closures 2020-2024 "In first-tier cities like Beijing, Shanghai, Guangzhou and Shenzhen, the monthly restaurant closure rate exceeds 10%, sometimes even surpassing 15 ...

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 ...

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 ...

[Photo provided to chinadaily.com.cn] Hunan cuisine restaurant chain Chef Fei opened a new location in Beijing's Sanlitun area, Chaoyang district, last weekend, bringing its total footprint in the ...

Hooters is going bust. The U.S. restaurant chain, known for chicken wings and its skimpy “Hooters Girls” wait-staff outfits, ...

It was sleeker and in a cosmopolitan area of east Beijing. Chinese flavors with a Western vibe Related stories "White Tiger Village was the first restaurant in Beijing to serve Chinese food in a ...