💨 Abstract

Over 3 million restaurants, cafes, and other food service establishments in China have closed in the past year due to bankruptcies, with even popular chains shutting down locations to cut costs. High-profile closures include Zhenghao Da Da, Opera BOMBANA, L'Atelier 18, and Roodoodoo.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖