Shocking Sight in Shanghai! No More Profit in China: Numerous Taiwanese Restaurants Exit
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- Опубліковано 28 чер 2024
- After getting caught in continuous negative publicity, 85°C indeed entered a challenging phase of trying to "stop the bleed." From closing some stores in Shanghai and Xuzhou to exiting from Zibo and Zhengzhou. In 2022, 85°C closed its operations in Changsha and Wuhan, officially announcing its complete withdrawal from the Wuhan market.
The well-known dumpling restaurant Ding Tai Fung, whose second-largest shareholder is the Wu family of Taiwan's Tai Ho Group, hinted in 2021 about selling their shares. Globally, Ding Tai Fung operates over 160 stores with annual revenues nearing $150 million US dollars. However, in 2020, their revenue plummeted by 25%, leading the major shareholders to possibly consider cashing out upon seeing developmental limitations.
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If party keeps bullying everyone, soon their "allies" will backstab them before beeing treated the same way.
how would China bullying are in place when almost 40 countries now committed to join BRICS? especially to China
Patriotism of Xinnie PorkPooh #slopagandpa
- With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
-Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing
-Exports and imports, accounting for 37% GDP, are down.
-Foreign investment is falling over 90% compared to it's peak in 2018.
-Foreign visitors are down 96% compared to the pre-pandemic level in 2019.
-Consumer prices are experiencing hyperstagdeflation.
-Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record.
-It's fast shrinking workforce is 10 years old than neighboring countries.
- During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times.
- It has printed more money than the US and Japan combined, while it's economy is only half of them.
- Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg.
Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card
WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
They'll blame it on the west. And they'll blame their so called allies for not conforming to the ccp. Everything is someone else's fault its never the ccp faults. Such whiny crying babies. So shameless
Cool murica had no debt !
@@vincentczzhuh
I feel bad for the regular Chinese people not aunties or the CCP.
Don't forget the Grab Hags in China.
Thousands of western and Taiwan and Japanese businesses are indeed leaving China. The days of prosperity in China has ended. Only common poverty left.
Shared poverty for everyone except the Party elite is the standard People's Republic socialist model.
you mean it is time now for China to claim back Taiwan as province of mainland China according to China's constitution amended in 1940s? because Taiwan are now not willing to make profits in China?
5G AI Rice farming Slop expertise
Lol. It's illegal to be in poverty in china!
It is hard to be rich like China. Islanders hate it. Lol
Divestment from China is the trajectory that foreign firms have fostered due to the outrageous clampdown of the CCP. This is especially true for Taiwanese firms as cross-strait tension has escalated amid China's dreadful economic woes.
The world's going China-zero !
You are a victim of cia propaganda
you mean it is time now for China to claim back Taiwan as province of mainland China according to China's constitution amended in 1940s? because Taiwan are now not willing to make profits in China?
X I & CCP zero😢😮😂
One of the Taiwan strategy against china is by having firm or business in china. When China try to "something funny", Taiwan would call back those firms which would naturally disrupt the economy.
*Taiwan business and people you are always welcome to come here to the USA and open your businesses also*
We Love the Taiwanese
Please open in the Philippines. 🇵🇭👍
A shout out to Din Tai Fung in Torrance. One of the best dim sum places in the LA Area.
you mean it is time now for China to claim back Taiwan as province of mainland China according to China's constitution amended in 1940s? because Taiwan are now not willing to make profits in China?
But in US there's a stupid protest against meat based meal in addition of collective robbery in daylight 😅
The U.S. is huge. That is only happening in a few small areas of a few cities. Stay out of new york, California and Illinois. The entirety of the rest of the U.S. is good, friendly and welcoming. 47 more states and millions of people.
might be one of the best decisions they ever make
China is one of the places where if you do anything that slights anyone, you get boycotted. Doesn't even matter if it was anything at all. You'll get boycotted over even imagined problems.
They basically jump around from problem to problem thinking that boycotting will solve it
It should say, various Japanese, South Korean, and Taiwanese restaurants exiting from China
"Basically every other Asian restaurant is existing"
Yes they are existing
@@lastsong7159 more like any country with any association with America or Japan
he was right, china has no real friends every other nation benifits from China's downfall@@noe4354
@@noe4354so all of them except china lol
I personally like Mos Burger. I eat there every time I'm in Taiwan.
Me too! I finally ordered there by myself without my partners help as I can't read mandarin.
MOS burger is the best
Tried their rice burger for the first time , it was tasty 😂 i didnt expect rice burger to be good
I used to order Mos Burger from eleme and in person while I worked in China. I do miss going there from time to time.
Now China will have a Loss Burger.
😂😂😂
I'd be scared to eat anything in china 😂
Just don't eat and drink will be good for you, save money.
I used to like RT-Mart. Got to know quite a few staff there - very friendly people - but feel sorry for them after the CCP pushed the self-destruct button on everything.
Patriotism of Xinnie PorkPooh #slopagandpa
- With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
-Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing
-Exports and imports, accounting for 37% GDP, are down.
-Foreign investment is falling over 90% compared to it's peak in 2018.
-Foreign visitors are down 96% compared to the pre-pandemic level in 2019.
-Consumer prices are experiencing hyperstagdeflation.
-Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record.
-It's fast shrinking workforce is 10 years old than neighboring countries.
- During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times.
- It has printed more money than the US and Japan combined, while it's economy is only half of them.
- Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg.
Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card
WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie
@@sleepinglaffey3886Yes, that's why China can't afford to invest in US even after Yellen come back twice to ask for investment. Too Poor to afford to invest in US so correct.
Workers eat in places like this. closing fast food and street food vendors means people are loosing their jobs.
I live in Taiwan, and although I want these Taiwanese brands to do well, they are very wise to close their stores before the CCP nationalizes everything. Also, when your stock portfolio is worth pennies, you're home's value is plummeting, you're buried under a massive mortgage, and you're worried about being unemployed, then you're probably not eating out . . . if anything at all. 😅
Sadly the net result of this is a partial exodus to the countryside particularly amongst the unemployed whether they be students or migrant workers. I believe the root cause is the runaway debt fueled speculation in real estate which has stretched everyone's finances to the brink such that any pull back of 20-30% destroys one's life savings accumulated over 2 generations. The obsession and opium-like addiction with real estate needs to end. I've heard that men in their mid 20s to 30s can't even get a date unless their name is on title on some real estate, which is very sad. Another root cause is the capital flight by the wealthy elite in China, instead of reinvestment in China to build a better society on par with HK and Taiwan.
MOS Burger is not a joint Japanese-Taiwanese company. It is Japanese.
Gez, China can't help but shoot themselves in the foot. Carrefour is an international French-origin chain with branches all over, but oh, some of the products in the China branches were stocked with Taiwan products (because of course they were for quality and packaging language) so they had to be shut down.
you mean it is time now for China to claim back Taiwan as province of mainland China according to China's constitution amended in 1940s? because Taiwan are now not willing to make profits in China?
Ding Tai Fung is also popular here in the 🇵🇭!👏👏👍👍
The Chinese people might want to buckle up, it's going to be a long ride down. I'll make some popcorn and watch!!
If the high end chain bakery stores and fast food stores are quitting in Shanghai one by one. it means the Shanghai economy is getting worse.
Hey youtube
We love ❤️ Taiwan 🇹🇼 ❤❤
It's interesting seeing how much China has deteriorated since I've lived there for school
you mean it is time now for China to claim back Taiwan as province of mainland China according to China's constitution amended in 1940s? because Taiwan are now not willing to make profits in China?
*the entire belief of communism under chyna was the rejection of their own culture, the destruction of their own ancient relics and buildings, the erasing of Confucianist ideals and their beliefs of being* "at one with nature and the 4 essences of the earth"
They completely changed from being "at one with nature" to the ideas of Mao which said "we can mountains to work for us"
They quite literally destroyed all that was the Chinese identity and had been their cultural values for thousands of years.
The amount of negativity they brought to their own people is unbearable when you really learn it.
All that made Chyna loved and respected was erased by the socialist communists so they coulf discourage gheir oen people from having love in the "old ways"
All Marxist playbooks lead to the same outcome; a total destruction of all culture for that given country and a demoralization that is unimaginable to us in the West. Although we are seeing it start over the past years eveb here too.
It's not a coincidence.
Well said and people need to know the history if China before it was invaded by thugs! When you look closely at the CCP they never respect the Chinese people and is all about CONTROLLING THE CHINESE PEOPLE to ONLY BENEFIT THE CCP! this comes directly from Mike Pompeo the 70th Secretary of State... ua-cam.com/video/giYEuQ5vYM4/v-deo.htmlsi=7JG24SlVVvq8L3lD
you don't know about history especially China, China is not a communist economy but a higher form of capitalism along with state capitalism, much more democratic than the western capitalism
Marxism-Leninism-Maoism are restoration of culture not destruction, do you remember if you are not in amnesia during Mao era that he declared CULTURAL REVOLUTION to preserve and restore their original culture from the destruction of westernization
even you yourself are practising communism since you were not born until you were born, communism begun within the family, communism means charity, provider and care, your parents provides you all your needs before and after you were born like foods, water, electricity, clothings, shelter, education, in just this 6 categories are enough requirements that you are practicing communism, do you think your family practicing CAPITALISM within a family? if so you are slaves not son or daughters because capitalism will treat you as customers not siblings
Taiwan is the real China, thats why the ccp is so obsessed to erase the other "timeline"
The nine dot line does not exist. Stay out of the S. China sea, leave Taiwan alone.
Wonder if Chinese understand, if you keep bashing and boycotting foreign business, they will leave and Chinese won't be able to enjoy foreign companies electronics food clothing and such. Good luck to v China
All foreign companies must leave.
I honestly don't understand how supermarkets can go out of business? Surely everyone needs groceries?
It means food deserts. That people are more likely to get low quality predatory grab n go (i.e. dollar store) store type of fare that is extremely unhealthy and overpriced compared to what grocery stores asked, dragging down the entire quality of life for the area.
Opine, those Foreign Companies who can still exit the PRChina's Market, able to retain wearing their underpants should do so NOW ... otherwise, waiting a couple of months longer, even the underpants would be lost ... and the eventual exit from the PRChina Market ... would be one ... in the most uncomfortable and unhonorable manner ... stark naked and total write-off.
as a german I HATE that our chancellor insists on NOT divesting our car industries from china
you mean it is time now for China to claim back Taiwan as province of mainland China according to China's constitution amended in 1940s? because Taiwan are now not willing to make profits in China?
@@icephoenix5466 ..opine, the present difficult situations faced not only by the once Mighty German Automobile Industrial sector but also including the Mittelstand .. are legacies from Frau Angela Merkel, which are all seriously challenging to be untangled.
@@Fr.VeniceLAI I am not refuting that but announcing you won’t try to fix it is quite saddening
@@icephoenix5466 to fix it, means doing the right and correct thing ...however, but German people, the Voters, would not accept the consequences and the painful process of such a deep-rooted withdrawal. The Chancellor and his Parties would likely be kicked-out in the next election, with possibly CDU taking back power.
Leave china and invest in America or other Asian countries instead.
you mean it is time now for China to claim back Taiwan as province of mainland China according to China's constitution amended in 1940s? because Taiwan are now not willing to make profits in China?
The U.S. is expensive to even operate a business or even a factory due to safety standards, building and zone codes, workers demanding more better pay and workers rights, environmental laws, and other regulations and red to blue tape bureaucracy.
Guess Asian countries with poor regulations and laws to having a workforce so poor that they can basically be used as slaves with little to no pay are the only places to setup shop
@@madden8021 with AI will come automation. and with automation, no need to hire people to do work. this is the coming AI revolution. one that the world has yet to encompass or even understand. the world is totally clueless on how to deal with it.
Yeah, AI will be a bigger headache than China for humanity
How about South America? They are next door to Amerikkka 🤯
well, history repeats itself - 100 smth years ago there was new economic politics in USSR. which ended with massive political repressions, terrors and stalins absolute power.
I remember wandering into a Mos Burger in Japan, very drunk and very early in the morning with some of my buddies. The guys at the counter probably hated us dumb Americans but those little slider style burgers were amazing.
We have a 85C store close to my home here in Sydney, Australia
Mos never grows on a rolling stone 😂
Sadness. Thanks for sharing.
Christine bakery chain was in Shanghai before 85c if I remember correctly. It was really popular for awhile.
Leave the cities and go rice farm 🇨🇳
Unfortunately for them, there isn't really many places they can grow rice, it's either flooded or a drought. Even if they do manage to get a nice little farm going, the govt officials just come and extort them. Chyna is a sh!t show.
The dumplings shops were killed by excellent cheap machine made frozen dumplings bought from the shopping apps.
I thought you were going to say they were closing in Taiwan. Glad it is not. I like MOS burger.
Me too 😁 I eat there every time I visit Taiwan.
@@Michael9-23-15 Yeah I noticed that Mos burgers 🍔 aren't as greasy as American counterparts. I think that's by design 🤔 🤷♂️😁
Every one needs food so when the food shops shut then you know the economy is bad. Food isnt a luxury.
Food isn't, restaurants are
King of Fake Foods
Oh, so, is China no longer the go to country whenever a business, big or small, wants to expand overseas?
CCP snuffed out all businesses, with their rhetoric, and actions against smaller nations.
The obligatory hand in the pocket got activated after a long rest.
You couldn't pay me to eat the crap they eat.
I'm in the Contra Costa area in the SF Bay Area. Four 85° opened up near me in the last year. The one nearest to me are ALWAYS full of customers.
we in the USA welcome the true leaders of China with their current capital in Taiwan.
i personally welcome more food options :)
Well, the true inheritors of Chinese history, tradition, culture, etc
you mean it is time now for China to claim back Taiwan as province of mainland China according to China's constitution amended in 1940s? because Taiwan are now not willing to make profits in China?
welcome to visit Taiwan
China? You mean West Taiwan? 😂
@@noe4354 -no, if you look at all the disasters china deals with every few months/days it is clear that the CCP does not hold the mandate of heaven. Meanwhile the true leaders and rulers of China in Taiwan are perfectly fine
Chinese don't get to decide on their government and now their government has absolutely critically failed them with their policies... now what?
Nothing? Time to hit the streets people... get involved and take control of your own destiny.
They can enjoy all the lower quality copies of these good restaurants.
Restaurants in the USA is closing too !
The Covid-19 effect !!
Depends on which state you’re in? Blue states yes taxes are to high and thanks to inflation from sending a crackhead in Ukraine billions Americans are going broke.
Ding Tai Fung just opened their biggest store in Times Square and the whole month was completely booked. If you book now today on 7/18, the next available date is 8/18. That’s if you watch their release at 12 midnight and fast enough to secure a table, or you will have to wait for tomorrow mid night to try again.
It’s great that the Chinese people have such attitude towards boycotting foreign brands
Starting from cars to mobile phones to electronics and now food outlets, obviously it’s a successful policy to embrace the exodus of foreign companies
Just like Russia 😂. Be careful what you wish for !
It will take a few years but it will happen in China to the detriment of the country because lots of alternatives waiting for new foreign investments
Covid virus statred this guys
Kinda fits in a bit too conveniently doesn't it... Occams testing in 3, 2....
They never learnt anything from the great leap forward nor cultural revolution.
I feel awful for any innocent Chinese people caught in this disaster of a failing govt who are silently critical if it out of fear of reprisal. It must be terrible watching this train wreck destroy everything that so many worked so hard for. The CCP has failed China...
there is a slowdown, but chains have always come and gone. the better barometer is if the space where the closed shop were was taken up by new businesses.
It’s very bad in China they have lost their money it’s so shock
85c is also not doing great here in Taiwan after Star Buck landed on the island. Louisa Caffe also took most of their business.
Is that a real food or a toxic one?
It's a kind of edible foam-rubber substance that can be moulded and dyed whatever colour to make it look like anything; bread, prawns, cake, fruit, etc.
Large portion of tourist in Hong Kong are Filipinos,the well off people of course,,and you bully us non stop? Go figure why this is happening,,,
Rise up People of China
It's crazy to me how some Taiwan stores were so stubborn in doing business in China lol. Despite all the obstacles/hurdles of the CCP tight grip of inspections,etc. But it's also crazier how Chinese Nationalist wanted the stores out of China despite it helping its economy.
wagyu and fast food?! Highly doubt it
Always a good idea to sell assets or move them to a friendly locale from a country that isn’t threatening to invade you every day
Not surprise that Chinese boycotted taiwanese & japanese business.
I hope they come to Rochester, NY
China becoming NK
That fast food looks so good.
They will be welcome in NZ as nobody will eat chinese after watching your shows!
You are what you eat. Your diet impacts your health.
Lower stress, reduce obesity, get enough sleep and more exercise are key to a healthy life.
Obesity in children and adults is rising across the world.
Fast food and sugary drinks including fruit juices are contributing to the problem of poor health and obesity.
Eat a healthy plant based diet and exercise regularly.
Reduce or ELIMINATE cows milk, eggs, cheese and meat. Eat more salad greens, beans, fruit and vegetables. Eliminate fast food, snacks like cookies, cakes, chips, and sugary drinks and juices.
Every adult and child should own a bicycle and ride it regularly.
Regular exercise will help you sleep better. Yoga is a great stress reducer.
Obesity is all too common today. Get off the couch. Get off the phone, ipad or video game.
A variety of stretching and other exercises help with increased mobility.
Ride to work, ride to school, ride for fun.
Every city should be a bicycle city.
Speak up for bicycles in your community
Winter is coming............
The writing really was on the wall ..
Tibet will be free
common poverty for everyone not common prosperity for everyone
All thanks to CCP!
Me da lo mismo, están más ricas las de México, además esos negocios y por lo tanto el país, está a miles de kilómetros del mío... So I do not care!
Lol Mos Burguer is Japanese not Taiwanese...
Healthy looking option where they use vegetables instead of bread.
Shows burger with bread 😂
1.01 the guy handle the vegetables with bare hands 😮
They are not deserve enjoy the delicious food
Oh gee when will things start getting spicy over there? My popcorn is getting cold. Can the Sun send out some Carrington flares and put a stop to all of our madness already?
We just call it 85 "C" in Taiwan!
Taiwanese used to make a lot of money feom China. I heard there are about 100 thousand Chinese Islander doing business in mainland China.
What are these bread wars? Chow Time?
👍🙂
OOF!
cpp overruled to conquered taiwan. control business they show that massive intension to defeat taiwanese any aspect.
So what is your point?
Nice, soft sanctions. 😊
Processed food manufacturers need to hear from consumers that less ADDED chemicals, sugar, oil and salt is wanted in their food products.
Why is there so much ADDED sugar in everything, even bread. That's just crazy
Email, text, tweet or phone your favorite producer of poison and let them know consumers want less salt, oils and sugars in their products.
Let their customer service department know that all the extra added salt, oil and sugar is not necessary or desired and is causing health issues.
Reduce or eliminate highly processed food from your diet if you can.
Yeah, I'll get right on that ⟵(o_O)
Ask for it 😂
85C coffee is undrinkable.
Yoooow... Chatime... XD
Their burger taste like shlt
Looks like fake food
"healthy looking option" . . . Youre in China, youre talking about China made food products. That might look like healthy food but it definitely is not.
I know its Taiwanese restauraunt but the food is still produced within the China most likely and not transported from Taiwan.
may want to get a different narrator, this one sounds like they are about to keel over. was this a robot?
A robot with an Australian accent? 🤦♀️
capital flight
$20 USD per hour in California.
California did that to themselves with taxes, social programs,and paying for illegals. The inflation in California is highest in the country that’s why even Walmart is leaving.
I do not drink bubble teas because 1) I don't know how old the ingredients are - a week? 2) I don't know the chemicals used, no fresh lemons in my nearby shop, nothing fresh. Sorry to business owners who have invested a lot. I am in London.
👩🏻 🎤 💻 📺 😍😍🥰
Enjoy your economy china 😅😅
This is what happened when you become violent and making enemies with your neighbors. Especially when you became pirates and stole islands.
R ubbish !
Anything related with Taiwan in China is way too expensive for China market. Not surprised that they close
I don't get why you would ruin the flavor of wagyu beef by putting an egg on it . Just make an egg sandwich at home lol
I think places use egg in their burgers because the beef isn't good enough on it's own.
In Japan they put an egg on almost everything, I doubt it’s to hide the meat quality
I like burgers with eggs
@@vincentnavea6999 noooooooooooo