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☆ Morgan Stanley picks China stocks to ride out a worst-case scenario in U.S. tensions
▼ + stars: | 2024-11-17 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

For investment options, she referred to the firm's survey of China stocks the investment bank's analysts already cover. Morgan Stanley's basket of bear case stocks only includes overweight-rated names with a dividend yield above 4% this year. The companies must not be on Morgan Stanley's lists of stocks at a disadvantage from Republican policy and supply chain diversification. Morgan Stanley expects Tingyi's earnings per share to grow 12% this year and 11% in 2025. Sinotruk earnings can grow 18% this year and 17% next year, according to Morgan Stanley estimates.

Persons: Morgan Stanley, Laura Wang, Morgan Stanley's, Morgan Stanley's Wang, Morningstar, Claire Liang, Liang, Donald Trump, Trump Organizations: Kong, PepsiCo, Services, Cosco Shipping Energy Transportation, China, CNBC, Republican Party, U.S . Congress Locations: China, Hong Kong, Asia, Europe, Mexico

☆ New cookbook encourages cooks to follow charts, not recipes
▼ + stars: | 2024-11-17 | by ( Karla Walsh | ) edition.cnn.com time to read: +9 min

CNN —Julia Turshen wants you to break the rules. "Food is the social glue holding us all together," said cookbook author Julia Turshen, who is based in New York's Hudson Valley. “I’ll be thrilled, of course, if you cook directly from the recipes,” Turshen wrote. Natalie ChitwoodThe use of charts "isn’t just a collection of recipes but also a blueprint for how the recipes work," Turshen said. Recipe adapted from “What Goes With What: 100 Recipes, 20 Charts, Endless Possibilities” by Julia Turshen.

Persons: CNN — Julia Turshen, Turshen, ” Turshen, ”, Caesar, Almond Crisp, “, Julia Turshen, you’re, Pepe, pepe, Natalie Chitwood, I’ll, I’ve, Pierce, Karla Walsh Organizations: CNN, Flatiron, Flatiron Books Locations: Hudson Valley , New York, New, Hudson Valley, Natalie, Des Moines , Iowa

☆ Almaty, Kazakhstan: How a drab Soviet metropolis became Central Asia’s capital of cool
▼ + stars: | 2024-11-08 | by ( Joe Yogerst | ) edition.cnn.com time to read: +11 min

Almaty, Kazakhstan CNN —Several cities around the globe have reinvented themselves in recent years, but none more successfully than Almaty. Since the collapse of the USSR, Kazakhstan’s largest city (population 2.2 million and growing) has evolved from a drab, run-of-the-mill Soviet metropolis into the urban star of Central Asia. “It’s an incredibly livable city,” says long-time American resident Dennis Keen, a historic preservation advocate and founder of Walking Almaty. Over and underground artThe Abilkhan Kasteev State Art Museum is filled with more than 20,000 works of art. Other good collections include the Ihlas Museum of Folk Musical Instruments (in a Russian-style wooden mansion built in 1908) and the ethnographic artifacts of the Almaty Museum.

Persons: It’s, “, ”, Dennis Keen, ” Keen, “ It’s, Jama Nurkalieva, Charles O, Cecil, Alamy, Auyl, James Talalay, Lukas Bischoff, Keen, Roshcha Organizations: Kazakhstan CNN, Walking, Central, Cathedral, Astana, Tselinny Center of Contemporary, Dynamo, Prix Versailles, Park, Art, Louvre, Art Museum, Ihlas Museum, Folk, Almaty Museum, Eiffel, of Contemporary, Academy of Science, Turkish Airlines, Air Astana, Ritz, Carlton Locations: Almaty, Kazakhstan, USSR, Kazakhstan’s, Central Asia, Walking Almaty, “, Central Asian, China, Europe, Russian, Soviet Union, Shan, Lower Kolsai Lake, There’s, Soviet, Zholy, Almaty Metro, Almaly, Auezov, Istanbul, Beijing, Seoul , New Delhi, Bangkok, Arasan, Otrar, Lanzhou, Novotel, Darejani, Ascension

☆ I'm running my first marathon. A sports dietitian helped me put together the perfect meal plan.
▼ + stars: | 2024-11-02 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +7 min

This is something I've been looking forward to as I prepare to run my first marathon on November 3. So I consulted Jena Brown, a sports dietitian specializing in endurance racing, who reviewed my plan for the week and suggested improvements. She told me I should aim for roughly 8-12 grams of carbs a day per kilogram of my body weight. After my shorter runs this week, I got a berry smoothie with 55g carbs and 27g protein (from protein powder). Cut down on fiber, fat, and spiceI used regular, refined flour pasta and blended pesto with cottage cheese to make the sauce.

Persons: Carbo, It's, carbo, tenderly undressing, Jena Brown, Julia Pugachevsky Brown, Brown, Ezekiel, Julia Pugachevsky, hydrating, I've, seltzer Organizations: Service, New York Times, Gatorade Locations: carbs

☆ A woman lost 75 pounds and kept them off. She made 2 simple changes, while enjoying her favorite foods.
▼ + stars: | 2024-10-29 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +7 min

Bertrand made simple lifestyle changes that she actively enjoyed, which resulted in weight loss. Weight loss drugs including Ozempic have also helped dispel the myth that willpower alone is enough to achieve a healthy weight. She decided that it wasn't, and she would try to lose weight. Bertrand shared the two simple changes she made that led her to lose 75 pounds and keep it off without giving up her favorite foods. When she decided to lose weight, she began to notice how other people ate.

Persons: Alaias Bertrand, Bertrand, — Organizations: Service, Michigan State University Locations: Florida

☆ Tovala Smart Oven Pro review 2024
▼ + stars: | 2024-10-23 | by ( Bethany Heitman | Bethany Heitman Is A Contributing Editor At Nbc Select. | ) www.nbcnews.com time to read: +18 min

| How I tried the Tovala Smart Oven Pro | My experience with Tovala Smart Oven Pro | Who is the Tovala Smart Oven Pro for? Dimensions: 18.5 x 12.32 x 11.75 in | Colors: Charcoal Black | Wi-Fi connected: YesHow does the Tovala Smart Oven Pro meal subscription work? My experience with the Tovala Smart Oven ProOverall, I was extremely impressed with the Tovala Smart Oven Pro and the brand’s meal subscription service. As mentioned, the Tovala Smart Oven Pro comes with a number of accessories, each of which were individually wrapped in plastic. Smart featuresFor me, where the Tovala Smart Oven Pro really stands out is outside of the meal subscription service.

Persons: Bethany, Gnocchi Alfredo, Bethany Heitman, I’ve, they’re, I’ll, ”, you’re, Burger, I’m, Joe’s, —, fryer, TikTok Organizations: Smart, Apple, NBC, Facebook, Twitter Locations: New York City, Omaha, waffles, Kodiak, Tovala

☆ I took the same shopping list to Trader Joe's and Target. The bigger chain had more sales but still cost me way more.
▼ + stars: | 2024-10-22 | by ( Amena Ahmed | ) www.businessinsider.com time to read: +1 min

I took the same shopping list to Trader Joe's and Target to compare the chains' stock and prices. Overall Trader Joe's offered similar items, like noodles and salmon, for much better prices. Go to newsletter preferences Thanks for signing up! AdvertisementI recently discovered that it's much cheaper for me to get my weekly groceries at Walmart than Trader Joe's or Target. So, this time, I wanted to compare the same lists at Trader Joe's and Target to see which of those chains offers the best deals.

Persons: Joe's, — Organizations: Service, Walmart

☆ Former US Army soldier Sung Anh is now a Michelin-starred chef in South Korea and a Netflix ‘Culinary Class Wars’ judge
▼ + stars: | 2024-10-18 | by ( Alkira Reinfrank | ) edition.cnn.com time to read: +11 min

It’s this passion and unwavering drive to forge his own path that’s helped reshape fine dining in his birth home. Chef Sung Anh with his brother in the US Army (left) and with family in California (right). Mosu SeoulIn 2017, chef Sung opened Mosu Seoul in the heart of one of the world’s fastest-growing fine dining scenes. CNNAs recognition grows for South Korean food, chef Sung takes things further at Mosu Seoul, celebrating more than just local ingredients. “Chef Sung gives life and character to each dish I make, which I find very respectable.

Persons: Sung, ”, “, Sung Anh, …, Saddam Hussein, Mosu, “ I’ve, They’ve, Jong, Sangwoo Kim, Chef Sung, Paik Jong, Mosu —, ” Sung, Chung, Ceramicist Yoon Sol, Yoon Organizations: CNN, Michelin, Netflix, US Army, Korean, US, Porsche, West, Mosu, Acorn, Chefs, Mosu Seoul Locations: Iraq, Korea, American, Seoul, South, San Diego , California, US West Coast, South Korea, California, Vietnam, Baghdad, Dakota , Idaho, Puerto Rico, Hawaii, San Francisco, Mosu Seoul, Mosu, Hong Kong, —, Komah, Sao Paulo, New York, Korean, Gangnam, Asia

☆ I'm a trained chef. Here are 13 of my best tips for making foods everyone should know how to cook.
▼ + stars: | 2024-10-18 | by ( Lizzy Briskin | ) www.businessinsider.com time to read: +6 min

As a trained chef, I know a few cooking techniques that will make common dishes better. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs a trained chef, I know that even the smallest tweak can make the largest difference on your final plate. AdvertisementBy the time your chicken is cooked through, you'll have some of the most flavorful veggies to serve with it. Stir everything together at the end with noodles for a homemade soup that'll stop any cold in its tracks.

Persons: —, Caesar, browning, Joanna, Proshkin Aleksandr, Cook Organizations: Service, mayo Locations: mayo

☆ Singaporeans are used to paying less than $5 for a meal. This 30-year-old chef charges double, and diners keep coming.
▼ + stars: | 2024-10-14 | by ( Erin Liam | ) www.businessinsider.com time to read: +9 min

She went on to open a hawker stall selling prawn noodles, which later expanded into a casual eatery. When Dave Pynt, the chef-owner of Australian-inspired barbecue restaurant Burnt Ends, visited her school for a guest lecture on wood-fire cooking, she was intrigued. Shifting the focus to local cuisineA bowl of prawn noodles costs between SG$14 to SG$20 at Zhup Zhup. A hawker stall seemed like the perfect sandbox to test her ideas without spending a lot on overhead costs. The challenges of running a hawker businessThree years in, the hawker stall had just managed to earn back its capital.

Persons: Gwyneth Ang, Ang, —, she's, Erin Liam, Dave Pynt, hawker, Erin Liam So, pao, Darren Ang, Pynt, Erin Liam Singapore's, Teo Kay Key, Cherry Tan, Shanice Lim, nasi, Lim Organizations: Michelin, Service, Business, Culinary Institute of America, hawker, Department of Statistics, Institute of Policy Studies, National University of Singapore, Singapore Airlines Locations: Singapore, New Bahru, hawker, Macpherson, Pynt

☆ I tried 3 pasta-sauce hacks from chef Alex Guarnaschelli, and they were all deliciously easy
▼ + stars: | 2024-10-14 | by ( Paige Bennett | ) www.businessinsider.com time to read: +9 min

The recipes used garlic, sour cream, and tomatoes as bases, and the hacks were all great. Luckily, I spoke to celebrity chef and Food Network star Alex Guarnaschelli, who recommended three pasta-sauce hacks that sounded easy and delicious. Paige Bennett for InsiderFirst, I wanted to try the recipe that involved combining pasta with sautéed garlic, lemon zest, pasta water, oil, and cheese. Paige Bennett for InsiderAs the chef instructed, I blistered the tomatoes in oil in a small saucepot. Paige Bennett for InsiderThe third hack — with tomatoes, Dijon, and balsamic — was my favorite of the three.

Persons: Alex Guarnaschelli, —, Paige Bennett, Guarnaschelli, I'd, I've, It's, balsamic —, Read Organizations: Business, Service, Food Network Locations: American, Parmesan, Dijon

☆ I made marinara sauces using 4 celebrity chefs' recipes, and the best had an unexpected secret ingredient
▼ + stars: | 2024-10-14 | by ( Paige Bennett | ) www.businessinsider.com time to read: 1 min

The prep was minimal and most of the recipe just required watching and stirring. The whole, peeled tomatoes broke down nicely. Paige BennettI was worried adding the whole, peeled tomatoes would create a weird texture (the other recipes used crushed tomatoes) but they broke down nicely as the sauce simmered. From there, it was mostly a game of watching the pot, stirring occasionally throughout 45 minutes, and pouring in a little water when the sauce started to look dry. I finished the sauce with a handful of fresh basil and it was ready to pour over some noodles.

Persons: Paige Bennett

☆ Why it’s OK to crave the taste of home when you travel
▼ + stars: | 2024-10-10 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +12 min

Enter, the American Bar. But, like the patrons of the American Bar before us, seeking out home comforts when abroad is still something we all do. The study was based on interviews with 330 people in the US, all questioned on how likely they’d be to try local foods when traveling. We learn to associate food with comfort – hence the term ‘comfort food,’” Brewer says. The American Bar at the Savoy has been a London hotspot since the late 1800s.

Persons: Richard D’Oyly Carte, Ernest Hemingway, Marilyn Monroe, “, ”, Andrea Di Chiara, couldn’t, Coke, Maggie Wong, Angel Gonzalez, ” Gonzalez, Judson Brewer, Brewer, Richard A, Brooks, ’ ” Brewer, Bridget Jones, Jungfraujoch, Kathrin Naegeli, Gonzalez, JACK HARDY, tellingly, Gerald Quadros, there’s, ” Brewer, we’re, ‘ I’d, ’ Organizations: CNN, American Bar, American, Future Market, Yorkshire teabags, California State University, Monterey Bay, Brown University, Getty, Jungfrau Railways, Noodle, Savoy, Langham Hotel, Random Locations: United States, Savoy, London, Hong Kong, Paris, Monterey, AFP, Europe, Swiss, Zurich, Denbighshire, Italy

☆ JetBlue drops hot meals for economy passengers
▼ + stars: | 2024-10-07 | by ( Marnie Hunter | ) edition.cnn.com time to read: +2 min

CNN —JetBlue’s economy class passengers will no longer find hot meals on the menu aboard transatlantic flights. Hot meals are still offered to transatlantic passengers flying the airline’s premium Mint class. The airline said the new core menu “lives up to the standard we set for high-quality meals. In the second quarter of 2024, JetBlue reported net income of $25 million. Last year, JetBlue reported an adjusted loss of $151 million, although that was an improvement from the $260 million it lost in 2022.

Persons: John F, ”, Marty St, George, CNN’s Chris Isidore Organizations: CNN, JetBlue, Kennedy International Airport Locations: Dublin, Edinburgh, New

☆ The best Kitchenaid stand mixer attachments and accessories
▼ + stars: | 2024-10-03 | by ( Cory Fernandez | Cory Fernandez Is A Commerce Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +14 min

If you own a Kitchenaid stand mixer, then you know they’re a prized possession among home bakers and cooks. To further customize your cooking experience, there are tons of different accessories and attachments that you can use with your stand mixer. Below, I rounded up some of the best Kitchenaid-compatible stand mixer attachments and accessories that’ll streamline all of your culinary projects. How I picked the best Kitchenaid stand mixer attachments and accessoriesHere’s what I recommend prioritizing when looking for a Kitchenaid stand mixer attachment or accessory, based on my experience as a home cook and insight from Dan Langan, a food content creator and author. This fitted stand mixer cover helps prevent your appliance from collecting dust when you’re not using it and shields your mixer from accidental spills or splashes.

Persons: Stanley, they’ve, Dan Langan, Langan, ”, “, Zoe Malin, who’s, ” Malin, you’re, TikTok Organizations: NBC, Metro Design, ., Facebook, Twitter Locations: it’s, cheddar

The information for the following product(s) has been collected independently by Business Insider: U.S. Bank Altitude® Connect Visa Signature® Card, Chase Freedom Flex®, U.S. Bank Altitude® Go Visa Signature® Card, U.S. Bank Altitude® Reserve Visa Infinite® Card. U.S. Bank Altitude Connect Fees and CostsThe U.S. Bank Altitude Connect Visa Signature no longer has an annual fee. U.S. Bank Altitude Connect Frequently Asked Questions (FAQ)What credit score do I need to be approved for the U.S. Bank Altitude Connect? No, the U.S. Bank Altitude® Connect Visa Signature® Card isn't made of metal — it's a regular plastic card. If you're looking for a metal card from U.S. Bank, consider the U.S. Bank Altitude® Go Visa Signature® Card or U.S. Bank Altitude® Reserve Visa Infinite® Card instead.

Persons: HBO Max, Insider’s, HBO Max Hulu iHeart LiveOne, you'll, cardholders, Cardholders, Read, Ethan Steinberg Ethan Steinberg, Ethan, Guy, Angela Fung Organizations: Business Insider, U.S, Bank, Business, EV, Netflix, Hulu, Spotify, Apple Music, Disney, HBO, Costco, Amazon Music, Amazon, Apple, ESPN, MLB TV, Paramount, YouTube, LoungeKey, Troon, Chase Travel, Chase, United Airlines, Hyatt Hotels, Amazon.com, Discover, U.S . Bank, Finance Locations: U.S, Hyatt Hotels ., Shanghai, Asia

☆ I tried 43 of Trader Joe's fall foods, and would buy at least 31 of them again
▼ + stars: | 2024-09-26 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +52 min

Trader Joe's Fall Harvest salsa had an unusual sweetness that I didn't care forThe Fall Harvest salsa isn't the only seasonal dip Trader Joe's has for fall. Trader Joe's pumpkin-spice granola bark was thicker than I expectedTrader Joe's pumpkin-spice granola bark was thick. I used Trader Joe's pumpkin brioche to make a lovely French toastTrader Joe's pumpkin brioche is a unique fall take. Trader Joe's pumpkin 4-cheese Greek-yogurt dip had way too many competing flavorsI was not a fan of this Trader Joe's dip. Trader Joe's pumpkin pancake and waffle mix can elevate your fall breakfast gameTrader Joe's pumpkin pancake and waffle mix was incredible.

Persons: —, I've, Joe's, Wilson, I'm, I'd, they're, Savanna, empanadas, Wilson I, hummus, Wilson I'm, it's, Joe, dente, you've Organizations: Service, Business, Wilson Apple, Pretzel Slims, Joe's Pretzel Slims, Wilson Locations: Savanna, globs, Swain, Monterey Jack, chiles, Brussels

She misses that wok hei flavor more than anything. Wok hei, “the breath of the wok,” is one of the most rare and elusive flavors on Earth. As she told me: “Wok hei is so difficult to find in America. She was born in Guangzhou, China, and moved to Hong Kong as a teenager in the late 1960s. I don’t even like eating fried food that much, but it’s very Hong Kong style,” my mom told me.

Persons: Pamela, Wok hei, ”, teng, wok hei, dongs —, Sham Organizations: Australian Dairy Company Locations: America, Hong Kong, New York, Kowloon, sweatshops, Guangzhou, China, Lei, ”

Does this style look like anything you’ve seen before? That’s what’s happening in this Japanese woodblock print — only it’s Tokyo (then called Edo), the year is 1857, and we’re crossing the Sumida River. This summer scene, titled “Great Bridge: Sudden Rain at Atake,” is one in a series of at least 118 different views Hiroshige created about life in 19th-century Edo across the seasons. In fall:In winter:In spring:And of course, there’s the summer rain you spent some time with. Ms. May recently curated a show of Japanese prints at the museum.

Persons: you’ve, Utagawa Hiroshige, You’re, Hiroshige, May, ” Ms, Ms, Vincent van Gogh, Theo, Vincent, Van Gogh, ”, Nienke Bakker, van Gogh, Bakker, James McNeill Whistler, Alfred Barr, Tetsuya Noda, — Organizations: Carnegie Museum of Art, Fuji, Smithsonian, Van, Museum of Modern, ” Locations: Japan, ”, Tokyo, Edo, Japanese, Atake, Pittsburgh, Paris, Van Gogh, Amsterdam

☆ Aldi shoppers have spoken: These are the best things to buy at the chain right now
▼ + stars: | 2024-09-25 | by ( Paige Bennett | ) www.businessinsider.com time to read: +6 min

Winners in each category are based on votes from Aldi shoppers in the US — this year, the chain collected 37,000 responses. Kristina LopezIn the "Feel Good Pick" category, shoppers voted for their favorite "balanced swap." Many shoppers want Huntington Home Swedish dishcloths back on shelvesIn the new "Encore" category, shoppers voted for which limited-edition Aldi item they'd like to see return to shelves. Shoppers gave the crown to Specially Selected Napa Valley cabernet sauvignonFor years, Aldi has been famous for its budget-friendly wine selection. This year, the title of best Specially Selected wine went to the Napa Valley cabernet sauvignon that usually retails for about $15.

Persons: —, Brian Custer, Anthony St, Clair, It's, Angus, Angus ribeye, Kristina Lopez, Caesar, might've Organizations: Service, Aldi, Business, Shoppers, Voters, The, Mama, of Fame, Aldi Aldi, Huntington, Huntington Home Locations: New York, Gouda, The Netherlands, Aldi's, romaine, Asiago, Atlantic, Napa, sauvignon

☆ 3 underrated dishes you should order at a Korean barbecue restaurant, according to a top Korean chef
▼ + stars: | 2024-09-20 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +3 min

Read previewThere are classic Korean barbecue dishes that everyone knows and loves, from the ribeye and short rib meats to traditional banchan like japchae and kimchi. AdvertisementOrder pork jowl over pork bellyKim said Baekjeong helped introduce pork jowl to the Korean barbecue market. AdvertisementNever skip on outside skirt steakKim said outside skirt steak is one of his favorite cuts of beef at KBBQ. "And short rib is the king of Korean barbecue, so I also always order short rib." Courtesy of BaekjeongA great Korean barbecue meal typically ends with a cold noodle soup, according to Kim.

Persons: —, Chef Samuel Kim, Kim, Baekjeong, That's Organizations: Service, Business Locations: Baekjeong

☆ I made 12 easy Ina Garten pasta recipes and ranked them by deliciousness
▼ + stars: | 2024-09-18 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +1 min

Garten's baked rigatoni with lamb ragù is super delicious — but it's a lot of work. Garten's baked rigatoni is super comforting but takes quite a bit of work. I made this dish for a group of friends who definitely thought the pasta was worth the wait. "As Prue would say on 'The Great British Bake-off,' it was worth the calories — but I wouldn't say it was worth the time," he said. Get the full recipe for Ina Garten's baked rigatoni with lamb ragù here.

Persons: Anneta, Sara, Zach, Prue, Ina Garten's

☆ Solo travel is my secret to a healthy marriage. Spending time apart reminds me of why we got married.
▼ + stars: | 2024-09-14 | by ( Hollie Mclaughlin-Martin | ) www.businessinsider.com time to read: +5 min

Solo travel is my secret to a healthy marriage. Solo travel allows me to slow down and remove the power that life's demands can have. When I travel solo, I am forced to sit with myself and examine things that are boiling under the surface. It could also be said that we have both developed new love languages thanks to solo travel; it has created new ways for us to connect. Rather than fend off questions like my coworker's, I smile to myself because solo travel is my secret to a happy marriage.

Persons: —, I've, Matt, we'd, shouldn't, I'm Organizations: Service, Business, San Francisco's Mission, San Locations: Patagonia, Peru, Jaipur, India, Beijing, China, Francisco, Lexington, San Francisco's, Colombia, Japan, Guatemala, San Francisco

☆ After 9 rejections, she landed her dream job as a Singapore Airlines flight attendant. Six years later, she quit to open a hawker stall.
▼ + stars: | 2024-09-10 | by ( Erin Liam | ) www.businessinsider.com time to read: +8 min

But the dream of becoming a flight attendant never went away, and she continued to apply after graduation. Tan applied to be a flight attendant on Singapore Airlines 10 times. Flying began to feel mundane, and she was uncertain about the job stability and career progression of being a flight attendant, she said. As a flight attendant, Tan got around a day off after working for two or three days a week. AdvertisementNo easy business to break intoThe hawker business is challenging to succeed in.

Persons: —, Cherry Tan, Tan, Duncan Hsu, Hsu, Erin Liam, KF, Hawker, " Tan, I'm, Tan doesn't, hawkers Organizations: Service, Singapore Airlines, Singapore Institute of Technology, Business, Urban, Factory, UNESCO, Intangible, Heritage, National Environment Locations: Singapore, Taiwan, Urban Hawker, New York City, hawker, India

☆ American fast-food giants are going big on a China wager, betting they can get the country's new middle class to love them back
▼ + stars: | 2024-09-10 | by ( Matthew Loh | ) www.businessinsider.com time to read: +11 min

An expansion rate surpassing America'sKFC, run by Shanghai-headquartered Yum China, has historically enjoyed the lion's share of the country's fast-food cravings. Hopes for a new middle class in ChinaCities in China are unofficially grouped into tiers according to their status, size, and wealth. Chinese KFC has nearly doubled its menu itemsExpanding during a sluggish economy might make sense for fast food brands, which are often classified as recession-proof as consumers downgrade their spending. Advertisement"Now, they are doubling down further on this strategy by expanding into the inland regions of China, especially Tier Three and Tier Four cities with a growing middle class," they told BI. Yum China has also been expanding aggressively in the country's burgeoning coffee scene, establishing a popular spin-off called KCoffee.

Persons: —, It's, McDonald's, Shaun Rein, Rein, Allison Malmsten, Malmsten, Cui Nan, Wang Gang, Jonathan Bernstein, Bernstein, Kung Fu, Daxue, it's, They've Organizations: Service, Thursday, Business, McDonald's, Tier, China Market Research Group, KFC, LONG, Future Publishing, Getty Images, China, US, Yum China, Daxue Consulting, Publishing, China News Service, Getty, Analysts, Yonder Consulting Locations: China, Kentucky, Weibo, Hangzhou, China's, Shanghai, China Cities, Beijing, Guangzhou, Shenzhen, Chengdu, Chongqing, Nanyang, Suqian, Jiangsu, London, Asia, Shanghai thronged

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