• Thu, March 20, 2025

by: Reuters

US slaps Iran-related sanctions on oil tankers, China 'teapot' refinery

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by: Forbes

Encore Careers In Retirement: A Path To Purpose And Fulfillment

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by: CNBC

Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence

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by: TipRanks

Tianjin Lisheng Pharmaceutical Reports 2024 Financial Results and Dividend Proposal

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by: Reuters

China's restaurants race to the bottom in deflation-hit economy

In a dilapidated warehouse on the outskirts of the Chinese capital, businessman An Dawei inspected rows of giant fridges, industrial hobs and commercial bread ovens waiting to be resold to dining establishments.
  • Fri, March 21, 2025

by: Tuko

Time for Govt to Introduce Credit/debit Cards, Curb Excess Travel and Other Expenditures

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by: CoinTelegraph

Eric Trump joins Metaplanet's strategic board of advisers

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by: Kiplinger

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by: Mint

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by: WTOP

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by: MoneyWeek

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by: MARCA

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by: Cryptopolitan

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by: Fortune

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by: Variety

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by: CCN

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by: Newsweek

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by: Yahoo

Area experts walk potential first-time home buyers through the process

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by: AOL

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by: People

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by: Forbes

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by: CNBC

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by: AOL

Trump says the Small Business Administration is taking over student lending. Experts say it's illegal.

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by: Insider

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by: Moneycontrol

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by: Fortune

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by: Moneycontrol

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by: AOL

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by: Forbes

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by: cnbctv18

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by: Forbes

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by: Insider

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by: Moneycontrol

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by: cnbctv18

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by: cnbctv18

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by: Moneycontrol

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by: Forbes

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by: Reuters

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by: Reuters

BMO changes some mortgage rules for steel, aluminum business owners due to trade war

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by: Insider

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by: Insider

FedEx warns of 'continued weakness and uncertainty' in the US industrial economy

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by: Reuters

JPMorgan makes changes to its diversity programs, memo says

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by: Reuters

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by: Insider

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by: Reuters

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by: Reuters

Bain Capital to buy stake worth $508 million in India's Manappuram Finance

India's Manappuram Finance said on Thursday Bain Capital would invest 43.85 billion rupees ($508 million) to acquire an 18% stake in the gold loan provider at a time record prices of the precious metal has made its mortgaging appealing.

China's restaurants race to the bottom in deflation-hit economy

In a dilapidated warehouse on the outskirts of the Chinese capital, businessman An Dawei inspected rows of giant fridges, industrial hobs and commercial bread ovens waiting to be resold to dining establishments.
The article from MSN discusses the challenges faced by China's restaurant industry amidst a deflationary economy. Restaurants are engaging in a price war, slashing prices to attract customers as consumer spending decreases due to economic pressures. This race to the bottom is driven by a combination of factors including a slowdown in economic growth, high youth unemployment, and a property market slump, all of which have dampened consumer confidence. The situation is exacerbated by an oversupply of eateries, leading to fierce competition where even small price reductions can make a significant difference. This environment not only affects small vendors but also impacts larger chains, with some offering discounts as steep as 50% to lure diners. The article highlights how this deflationary spiral could potentially lead to a broader economic issue if not addressed, as businesses struggle with profitability and the overall economic recovery remains sluggish.

Read the Full Reuters Article at:
https://www.msn.com/en-us/money/companies/china-s-restaurants-race-to-the-bottom-in-deflation-hit-economy/ar-AA1BlrOO

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