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Caixin

150-year-old Peking duck brand bleeds cash as trends pass it by

Quanjude books net loss of $8m, struggles to meet needs of new generation

A chef carves up a roast duck at a Quanjude restaurant in Beijing.   © Reuters

It has served local diners, tourists and visiting heads of state for over 100 years, but venerable Peking duck chain China Quanjude (Group) continued to lose money in the third quarter as the brand struggles to find a place in today's food scene.

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