探讨与中国餐饮业格局相关的关键争论及其对全球投资者的影响Global Restaurants_ Addressing key debates related to the China restaurants landscape and implications for global investors

9 October 2025 | 7:06PM HKT Equity Research GLOBAL RESTAURANTS Addressing key debates related to the China restaurants landscape and implications for global investors China has emerged as a linchpin of global fast food expansion, representing not only a significant market but a major unit growth engine for industry leaders like MCD, YUM, DPZ and SBUX. With 1.4 billion consumers and an expanding middle class, China's QSR sector has become a fierce battleground with both global/local brands pushing aggressive ...