The pandemic was the final straw for the brand, though it had been losing ground for years to the likes of Da Niang Dumpling and Yang’s Dumplings.
Featured Posts Title
Bessent proposes AI safety notifications in talks with China ahead of Xi-Trump meeting
China and the US are competing for AI dominance but have shared concerns over safety
The US wants an AI-era ‘red phone’ with China
Trump decries Democrats as ‘communists,’ even as he looks to impress China’s communist leader
On a Beijing stage, SANDRO sharpens its China story
Why a new Pakistan-China border pact has irked India
Xi prepares China for battle as expert warns of grave danger facing US ahead of DC summit
Recent Posts
KFC, Pizza Hut operator Yum China calls time on its struggling East Dawning fast-food chain as Covid-19 impact deals ‘fatal blow’
New China Business Brief Podcast | Private Data, Public Rules: China’s Cybersecurity Regime
China’s policymakers have been busy upgrading the country’s cybersecurity regime. Over the last couple of years, the Cybersecurity Law (2016) has evolved and been joined by a whol …
Stink Studios Opens Office in Shenzhen
Little Black Book, The office will be overseen by Ramzi Chaabane, managing director of the company’s Chinese headquarters in Shanghai …
Chinese tech brands stay put in Russia for now!
Chinese firms are staying put in Russia for the moment despite a growing exodus of Western companies – albeit bracing for growing uncertainty – taking a cue from Beijing’s stance of refraining from …
UPDATE 1-China’s FX regulator asks banks about Russia business, sources say
China’s foreign exchange regulator has questioned banks over their exposure to the Russian-Ukraine crisis, following concerns Washington may sanction financial institutions or even block them from the …
Beijing deserting Russia? Two Chinese banks suspend business with Moscow
Radio Free Europe reported that the Asian Infrastructure Investment Bank, a Chinese-led development bank, suspended all business with Russia and Belarus on March 3.
Farkasova wins her 11th Winter Paralympic gold in Beijing
Slovakian legend Henrieta Farkasova brought her collection of Winter Paralympic gold medals to 11 after claiming the women’s super combined vision impaired on Monday. The 36-year-old, who finished …
China to Set Up Fund to Ensure Financial Stability
China will establish a fund to ensure financial stability, according to a government work report submitted to the National People’s Congress for deliberation. China will set up a financial stability …
China’s FX regulator surveyed banks about business with Russia – sources
China’s foreign exchange regulator surveyed banks last week, asking about their business ties with Russia and risk management processes in a bid to gauge spillover effects on China from the West’s …
‘Not a threat’: Chinese Australians ask for understanding amid Beijing spy scandal
The alleged Chinese plot to infiltrate Australian parliament is having widespread political ramifications. But there are social implications too; as some Chinese Australians say they are now being …
China lashes Washington over Quad, North Korea
China’s top diplomat has accused Washington of trying to create an Asian version of the U.S.-European NATO military alliance and said it is up to the Biden administration to improve relations with Nor …
China calls Russia its chief ‘strategic partner’ despite war
China has said Russia is its “most important strategic partner,” amid Beijing’s continued refusal to condemn the invasion of Ukraine …
China says it is ‘double standard’ to conflate Taiwan, Ukraine issues
It is a “naked double standard” to seek to conflate the issues of Taiwan and Ukraine as the island has always been part of China and it is entirely a domestic matter, the Chinese foreign…