From CNBC: 2024-03-31 08:34:47

Starbucks warns of price competition in China, while Apple opens new store in Shanghai. Domino’s Pizza’s China operator, DPC Dash, reports strong growth with net loss decrease. HSBC analysts predict net profit in 2025. Chinese President Xi Jinping meets U.S. executives to encourage foreign investment. Domino’s plans to open 200 new stores in China. Papa John’s sees international revenue growth of 21% last year. DPC Dash saw record sales in new Chinese cities with minimal marketing costs. Expanding Western food acceptance in China boosts sales for pizza chains like Domino’s. McDonald’s aims for 10,000 stores in China by 2028.



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