AMID SLOWING HOTPOT GROWTH IN CHINA, HAIDILAO TAKES ON BIGGEST AMERICAN BURGER BRANDS

China’s largest hotpot chain Haidilao International Holding is aiming to further diversify its business with hamburger stores – following the example set by American brands like McDonald’s and KFC – and has also opened… The country’s hamburger market is seeing intense competition, with US brand Five Guys opening its first two stores in Beijing on Monday.

News - South China Morning Post reports that china’s largest hotpot chain Haidilao International Holding is aiming to further diversify its business with hamburger stores – following the example set by American brands like McDonald’s and KFC – and has also opened…

The report adds: The country’s hamburger market is seeing intense competition, with US brand Five Guys opening its first two stores in Beijing on Monday.

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