Mass Closures of Bubble Tea Shops in China, People Can’t Even Afford Milk Tea Anymore

Автор: China Observer

Загружено: 2024-02-03

Просмотров: 172045

Описание: Under the influence of economic conditions and consumption downgrading, the closure of bubble tea shops has become a norm.
At the beginning of 2024, the popular tea drink market in China encountered several significant setbacks. Renowned tea drink brands "Nayuki's Tea," "Fuxiaotao," and "Cuo Nei Village," once considered highly profitable, were reported to have closed a large number of their outlets. These three brands were once extremely popular across mainland China, but now they face shutdowns, indicating significant changes in China's tea drink market.
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Mass Closures of Bubble Tea Shops in China, People Can’t Even Afford Milk Tea Anymore

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