date:Apr 25, 2014
on (USD 411 billion, EUR 298 million), last year, its slowest growth in more than two decades, according to data newly released by the China Cuisine Association.
This is a sign that the central governments antigraft campaign against waste and extravagance has been well implemented, Feng Enyuan, deputy chairman of the CCA told local media. Midrange and high-end restaurants have been particularly hard hit, according to Feng. President Xi Jinping has pursued a campaign to reduce the so-called thre