Report assesses challenges faced by overseas eateries
By Liu Zhihua | China Daily | Updated: 2016-07-01 07:52
There are more than 400,000 Chinese restaurants outside China with total market value exceeding $250 billion, which is almost half of the value of Chinese restaurants on Chinese mainland, according to a report released by the World Federation of Chinese Catering Industry.
Last week, during its celebration of its 25th anniversary, the Beijing-based international non-profit organization - formerly known as the World Association of Chinese Cuisine - released a report on the development of Chinese restaurants outside China.
The report explored the history, operation models and development trends among overseas Chinese restaurants, as well as the obstacles they face to survive and expand.
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