“China’s New Era Grand Project” Turns Into a Massive Flop: 1,700 Closures in Three Years
“China’s New Era Grand Project” Turns Into a Massive Flop: 1,700 Closures in Three Years
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China's once-popular "community canteens" gained traction in 2022, with over 1,000 canteens opening across the country. However, in recent years, many have closed down. Large cities like Beijing, Xi'an, Shenyang, Hangzhou, and Suzhou saw widespread closures since last year, with some canteens shutting down within just two months of opening.
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