Northern China loses Din Tai Fung’s dumplings as consumers keep budgets under wraps

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Northern China loses Din Tai Fung’s dumplings as consumers keep budgets under wraps
Northern ChinaLosesDin Tai Fung
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Authorities in South Korea are investigating a surge of sexually explicit images and video clips that have spread online and shocked the nation, leading police to detain seven male suspects – six of them teenagers – police said on Sept 3.

The Yins said they take their 4-year old granddaughter to the same Din Tai Fung restaurant in Beijing at least once every two weeks. - Photo: SCMP

“We still haven’t figured out where else to take her. We are expecting a tantrum when she finds out.” However, the 18 shops in southern China will remain open, as they are operated by a separate franchisee.By 2021 it had over 160 branches around the world, including the United States and United Arab Emirates. Its first mainland China outpost was established in Shanghai in 2001.

According to the National Bureau of Statistics, total spending on catering was 3 trillion yuan from January to July, increasing 7.1 per cent over the same period last year and outpacing the 3.1 per cent registered in overall consumption growth.Beijing’s statistics bureau reported overall catering revenue of 74.4 billion yuan in the first half of this year, a year-on-year decrease of 4.2 per cent.

“Data shows that 30 per cent of price comes from the cost of food and 30 per cent comes from labour, so they are not competitive in lowering prices,” Wei said.Din Tai Fung’s partial closure on the mainland does not appear to be unique – other restaurant brands from Taiwan have scaled back their operations or pulled out entirely.

The correlation is less clear-cut for overseas firms. While China’s overall foreign direct investment has fallen, the performance of food and beverage companies has varied.

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Northern China Loses Din Tai Fung Dumplings Consumers Keep Budgets Under Wraps

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