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China’s Anti-Graft Drive Prompts ‘Reshuffle’ For High-End Restaurants
As fancy banquets remain banned for Chinese officials, there's no end in sight for a sales slump in the luxury dining industry. Read MoreSteep Drop For Banquets Signals China’s Austerity Drive Still In High Gear
Some luxury sales have been picking up in the second quarter, but the continued decline of shark fin soup and baijiu sales shows that the government's corruption crackdown is far… Read More