Food Republic joins wave of foreign brands retreating in China
BEIJING — Food Republic, the Singaporean food court chain owned by BreadTalk Group, is set to close its last remaining outlet in Beijing on June 15, ending more than two decades in the Chinese capital, according to a notice outside the location in late May.
China's Factory Activity Slows
- China’s factory activity slows in May, raising questions over its economy The Independent —
- China’s manufacturing activity stayed flat in May after expanding for two straight months, reflecting the pressure from rising energy costs since the Middle East conflict began Wall Street Journal —
- China Factory Activity Worsens in Warning Sign for Economy Bloomberg —
- Soaring prices during the Iran war jeopardize travel to tourism-dependent countries in Asia The Independent —
- China's factory activity slows in May, raising questions over its economy ABC News —