Chinese restaurant chains flood Singapore to escape price wars

SINGAPORE: A wave of Chinese food and beverage brands is sweeping into Singapore, transforming the city-state into a launchpad for global expansion as they flee a punishing domestic market marked by weak demand, relentless price wars, and razor-thin profit margins.

From Luckin Coffee and Mixue bubble tea outlets to mala and hotpot chains, a record number of Chinese eateries have opened across Singapore in the pa