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44,000 Coffee Shops Close, the World’s 6th Largest Chain Exits China

Another individual featured in the video shares the story of a friend's coffee shop. Despite investing 500,000 yuan (about $70,000), the venture folded within three months.
The struggle isn't limited to domestic coffee shops; even foreign chains like Thailand's Cafe Amazon find it challenging to sustain operations in China. The brand began withdrawing from the Chinese market on January 27.
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Видео 44,000 Coffee Shops Close, the World’s 6th Largest Chain Exits China канала China Observer
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16 февраля 2024 г. 5:00:32
00:16:14
China Observer
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