China restaurant stocks go cold with Xi's 'clean plate' campaign

Customers prompted to stop wasting food as political season kicks off

20200902N China Quanjude

The stock of the company operating Quanjude Peking roast duck restaurants has taken a hit since President Xi expressed distress at the country's gastronomic gluttony.  © Reuters

YUSHO CHO, Nikkei staff writer

SHANGHAI -- A recent tumble in stock prices for restaurant operators in China appears fed by politics, following President Xi Jinping's rebuke of consumer gluttony and the public's obedience to his call for restraint.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.