Chinese Economics Thread

FairAndUnbiased

Brigadier
Registered Member
I wonder what will happen if a Chinese fast food enters US and also goes mainstream, how will they do an anti-China spin to try to ban it. Chinese spying inside the store? Chinese poisoning Americans? Chinese using low-quality ingredients?
none of those reasons would actually work because it would make them look weak if they can't even control a simple fast food chain on their home turf. the one thing that they value most is face. and it would make them look even worse if sued.

look at how they kicked BYD out even when BYD has 5 star safety ratings in European tests and is objectively the best EV company in the world: putting up bureaucratic and trade barriers that make it not worth the trouble. You don't need to make something illegal to make something not happen.
 

pevade

Junior Member
Registered Member
Also.

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Unsurprising, I was traveling during CNY and tried Luckin Coffee because they had a "first time customer" offer of 20 Yuan off first purchase. It tastes good and the coffee quality is good , not a big coffee drinker though. The coconut latte was genuinely good though, only complaint was the rather sweet taste despite ordering half sugar. Mocha was good too, but was 28 yuan so it better be.
Anyways, the ordering experience is also pretty good, you can just order and select a pickup location on the app. By the time I got into the train station, the order was ready just in time and the shop is extremely clean and quiet. So customer experience is pretty good too.
The prices are a bit steep for some coffee (though to be fair it is in a train station) so it won't be something I would regularly buy.

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siegecrossbow

General
Staff member
Super Moderator

Enestori

New Member
Registered Member
My experience with Luckin Coffee is that it is mainly a take-away coffee service. Some stores don't have sit-down areas; others just have a small table or two.

It is a different experience from Starbucks, which is big on the sitting-down atmosphere and the experience. They target two different audiences, with Luckin Coffee more downscale.

The coffee itself is fine.
 

B.I.B.

Captain
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In this same interview US Ambassador to China Nicholas Burns says US companies are fleeing and not investing in China and yet he says also none of them are leaving because they don't want to abandon a 1.4 billion person market. All the companies that are still in China are investing into expansion in China.

The US has to lie to everyone in the world to keep everyone in-line. They can't even keep their promises to the island of Palau because they're now threatening to run over to China because the US is not keeping their word for being virulently being anti-China for them. Now how much pocket change was it the US couldn't afford to give them? And the US thinks it's doing great when they can't even give its own closest allies an economic boost by giving them more market access? If the US is doing great, they would be able to do these things with ease but they can't.
Institutions and others must be "sh,,,,,ng" themselves when the Chinese SE went back up after they sold out and exited the market altogether.
 
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