Empty Towers And Full Plates: China's Office Glut And its Dumpling King
China's office sector faces oversupply and rising vacancy rates, with government support preventing major bankruptcies. In contrast, the dumpling chain Yuen Kee thrives, offering value to consumers. Despite challenges in global expansion, Yuen Kee's scalability resembles McDonald's, making it a potential investment opportunity. The article highlights the need for discipline in both the property market and Yuen Kee's growth strategy to maintain quality while navigating economic challenges.
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