Discussion keeps the world turning.
This is round table.
Chinese food and beverage is spicing up the global scene.
From hot pot to milk tea, these brands are going international.
Let's see if they're cooking up success or biting off more than they can chew.
And recent studies have shown that lots of young people, or Gen Z, to be more specific, are not answering phones at all.
Just let it ring.
What's causing this phone call phobia?
Coming to you from Beijing, this is round table.
I'm he young.
For today's program, I'm joined by Steve Hatherly and Yoo Shun.
First on today's show, chinese restaurants and beverage shops are expanding their footprint from Southeast Asia to Europe and the US, with brands such as Haidilao and I.
Hey, tea leading the charge.
But are these new markets ready for such bold flavors and different business models?
From soaring labor costs to cultural differences, the path to success is anything but straightforward.
Join us as we explore the sweet and spicy journey of chinese food and beverage brands going global.
So what chinese companies have expanded into these new overseas markets, and what companies are in the talks to do so in recent years?
Yeah, I would say a lot of areas of chinese brands are expanding their presence overseas from what you said, catering to beverage to even clothing and daily necessities, things.
But mostly, I think what we can see right here is catering and beverage stores.
For example, domestic coffee brand Luckin coffee plans to expend hugely in Southeast Asia and the United States.