# Chinese restaurants
Latest news and articles about Chinese restaurants
Total: 2 articles found
Once a Poster Child of China’s Casual Dining Boom, Xibei Scrambles to Stem Losses as Founder Recedes from Spotlight
Xibei, a major Chinese casual‑dining chain, has closed roughly 30% of its outlets and reported losses exceeding RMB 600 million since September 2025. Founder Jia Guolong has retreated from the CEO role while the company pursues emergency fundraising from personal contacts and implements sharp cost cuts and workforce reductions to stabilise cash flow.
Once a Fast-Growing Skewer Chain, Fengmao Faces Mass Closures After Ambitious Rebrand
Fengmao, a once-fast-growing Chinese skewer chain, has seen multiple store closures since December 2025 and employee reports of months-long unpaid wages in early 2026 after a controversial 2022 rebrand. The move from late-night street skewers to a pricier “meal-grade” positioning misaligned with consumer demand and regional tastes, exposing weaknesses in its standardized expansion model.