Get Ready, America: Here Come China’s Food and Drink Chains
The New York Times • • business
Key Points:
- Despite tense economic relations between the U.S. and China, several Chinese food and beverage chains are expanding aggressively into the American market for the first time.
- Chinese tea chains like Heytea, Chagee, and Naisnow have opened multiple stores across U.S. cities, including a flagship Heytea location in New York's Times Square.
- Luckin Coffee, a major Chinese coffee chain with a large domestic presence, has established several outlets in Manhattan.
- Wallace, a prominent Chinese fast-food chain specializing in fried chicken and hamburgers, opened its first U.S. store in Walnut, California.
- Haidilao, China's largest hot-pot chain, is intensifying its U.S. expansion efforts after initially entering