Shabu Restaurants Forced Into Price War

Shabu restaurants forced into price war

The Thai Restaurant Association sees the price war among major shabu brands as reflecting challenges of the sluggish Thai economy, as consumers are increasingly seeking value-for-money dining choices. This price competition is also affecting small and medium-sized restaurant operators.

China Deflation Deepens Amid Intensifying Corporate Price Wars

China’s economy is facing mounting pressure as deflation deepens, with companies increasingly engaging in aggressive price wars in a bid to attract consumers. According to a recent report by CNBC, this deflationary slide is intensifying, raising concerns about prolonged economic stagnation and the challenges it poses for policymakers. As businesses slash prices to stay competitive, the downward spiral threatens to dampen corporate profits and un…