Chinese food and beverage firms flock to Singapore as first step in expansion drive

Chinese food and beverage firms flock to Singapore as first step in expansion drive

About 85 Chinese food and beverage brands were operating around 405 outlets in Singapore as of August.

Singapore: The Springboard For Chinese F&b Brands Eyeing Global Expansion Amid Domestic Challenges

read the original version on: www.retailnews.asia In the last year, an unprecedented influx of Chinese restaurants and cafes has made their mark in Singapore. These establishments view the island as an ideal launchpad for their global expansion plans, largely spurred by lackluster consumer demand, fierce price competition, and extremely tight profit margins in their domestic market. Popular Chinese companies like Luckin […] The post Singapore: T…

Singapore becomes China’s culinary launchpad as restaurants flee home market woes

SINGAPORE: As China’s once-prosperous food and beverage industry confronts increasing challenges, many Chinese eateries, cafes, and tearooms are now focusing on Singapore. From tech-driven tea outlets to expensive dining establishments, these brands view Singapore as a launchpad for their international growth. This move is also changing Singapore’s culinary landscape, but what is driving this movement, […]

China food and beverage firms flock to Singapore as first step in expansion drive

Weak demand has stifled growth in China since the end of Covid-19 lockdown almost three years ago