download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
They're struggling to make it in big cities as the world's second-largest economy suffers from a flailing property market and slow post-pandemic consumption recovery.
Going big on smaller citiesChina's smaller cities aren't exactly an untapped market.
KFC and Pizza Hut operator Yum China, which plans to add 6,000 stores in China by 2026, is also betting big on small cities.
AdvertisementThe cost of living crisis driving young people out of China's big cities is a trend that echoes across continents.
Persons:
—, MetroDataTech, They're, Joey Wat, DPC, Canyandata
Organizations:
Migrants, Service, KFC, Bloomberg, Starbucks, Yum
Locations:
megacities, Shanghai, Shenzhen, MetroDataTech, China, Beijing, —, Yum China, Local, Fuzhou, Korea, New York City, London