Kinda similar here in Indonesia. If there aren't any promotions, then most western food brands are simply not worth it for the same money. You can get local food brands with bigger portions.
Padang restaurant > McDonalds, western restaurant prices in Jakarta can feel pretty steep-you usually need to spend at least $7 to $15 per meal, whereas in Europe, it’s around $12 to $30. But when you look at the average wage, Europeans make about eight times more
@@timX99squad Actually some are much cheaper. D'Besto for example can be considered quite popular friend chicken here. The price for whole fried chicken after discount, delivered to home is about 50k Rupiah, less than 4 USD.
@@lonesomefencesitter3186 well there are also food in supermarket (Belgium and Netherlands) you can get 2 Burger only 2 euro and 3 portion fried rice just for 6 euro , some bread also just 0.5 euro - 1 euro, just another comparison to see how overpriced food in Jakarta if we compare with salary..beef also just 1.5-2x higher than in Jakarta
The Chinese are getting sick and tired of being ripped off by ridiculously overpriced Western luxury brands and their ultra-processed fast food garbage.
We could care less and we would be grateful if they would get off our social media considering they're not even supposed to be here cuz their communist dictatorship doesn't allow it
Really? Didn't look like it when I went to the Apple store today. Wealthy Chinese love everything foreign and they still sneer at the locally made brands and the people who buy them.
It all started with Huawei when the US sanctioned Huawei and went around talking to other allied countries (mainly europe) to do the same. The Chinese people saw the injustice but didn't do much about. Luckily for China, Huawei decided to completely restructure their model after being cut from a lot of their sales overseas and decided to focus on R&D and working with other Chinese tech companies to sell their innovations to while being the #1 Chinese phone company. This was a huge success and Huawei is today one of, if not, the most innovative phone company doing record sales year by year. The Chinese people saw a revitalization in national brands and decided, by themselves, to switch to Huawei instead of apple. Today this has led to more and more young Chinese people who, usually didn't care about "Chinese brand solidarity", to find Chinese alternatives. The US and Europe shot themselves in the foot. This could also become a problem for China if too many people switch away from american and european brands since they won't have as much bargaining power with those nations. However if the US and China was to start a trade war and potentially even a cold war, it would be perfect for China to be ahead of it to create a solid foundation in Chinese alternative brands.
@@Noscrapsinmyscrapbook his talking about US brands (fast food in this video) inside of china.... read first... and don't blame people for not buying your stuff when they are treated like dirt.
@@Noscrapsinmyscrapbook us calling to ban is one thing, coercing your entire ally to ban it is lowest low. I just wish you westoids enjoy the inflation years to come.
American fast food are filled with growth hormone leading to increased obesity, diabetes and cancer proliferation! Wouldn't touch that with a barge pole!
I hardly go Starbucks here in Singapore, unless I'm needing a nice ambience and want to have a chat with a friend. Otherwise my local coffee shops, always within walking distance from homes, offer maybe even better taste than Starbucks, Coffee Beans etc and at 4 times lesser the price. Starbucks is overhyped and overpriced. But even the ambience is nothing these days because it's always crowded with people esp in town area. Actually western fast food is not cheap in SG vs local food. People who frequent them are actually either addicted to junk food or have too much $$ on hand to be able do it frequently.
Yes, Western junk food is expensive, so why spend that kind of money on food that will give you high blood pressure, high cholesterol and obesity when you can have reasonably healthy SG local food?
Actually Starbucks, Mac Donalds, KFC and other non western brands like Jollibee are doing very well in Singapore. The difference between China and Singapore is that the people in China fears spending money due to pessimistic outlook so they are looking for economical options while in Singapore, the economic outlook is more optimistic and people are thus willing to spend.
All countries have welcomed western brands for decades but has the west, especially America received foreign brands just as well?? Time to empower ourselves first. Make Asia Great Again!
recently visited china, and was blown away about the coffee culture and competition between the stores, after trying them, Cotti and Lucki was amazing! I wish them already come to australia!
To be honest, luckin coffee tastes better and far more innovative than Starbucks. It requires less floor space, and leverage on the delivery system here in China to keep the cost down. Can already see Chinese brands in South East Asia.
Same with Starbucks everywhere. I do sometimes go when a better place is not around, but it's not the best quality, nor is it the most affordable option. So why buy it? It's all about marketing.
Why r they luxury brands there? Here in newyork, rich don't eat them,only middle class and mostly homeless people eat them,no way they're luxury brands
As a Chinese, I would like to say that this video is a little biased. Only those expensive foreign brands are declining, those quality with decent prices are still popular. For example, McDonald's, KFC, Domino
@@pablopizarro1826 kfc and McDonald’s are very common, more than 10 thousands KFC restaurants and seven thousands McDonald’s restaurants in China, they are just ordinary fast food brands for most Chinese people. If you want to name some high ends brands that prone to fail in China, shake shack could be one of them, too expensive yet less tasty, dozens of branches have been closed recently
This is from HongKong, you should know better. These people have enigmatic love for their former foreign master.. it would hurt their personal pride if you ex peasanta are richer than them..
Same thing happens everywhere. When I first visited Korea as a kid American food brands like McDonald's and Pizza Hut were very popular among the locals. Now (with the exception of Starbucks) it's mostly better, cheaper and more delicious Korean brands. Same thing with China.
There isn't a big difference in India, where U.S. fast food brands are also struggling due to strong competition from Indian fast-food chains. These local brands understand the Indian palate better, catering to regional tastes and spices, which gives them a significant edge over international chains.
Naw, we want foreign brands to come to America. American brands have been stagnant for decades now. Theres been no innovation. Food still tastes the same, quality has not improved, costs have gone up. Foreign brands are super popular in california since they offer so much innovation. In China, a whole new trend in food can come and go within 4 years. Always something new to tickle your taste buds.
I'm reading a lot of people from different Asian Countries being vocal about supporting their local brands more than western brands. Great for you. So happy that a lot of you are starting to go in that direction. Meanwhile here in the Philippines, a lot of people still likes wiping the behind of the West! A lot of Filipinos only support these western brands so they can have that sense of belongingness with the west that they DESPERATELY crave for. They wanna be part of them so bad! Even western culture that really doesn't fit Filipino values, a lot of Filipinos work so hard to inculcate on their daily living. Take extra wokeism as an example. Here in the Philippines, if you don't support the west and not patronize western products, you will be seen as someone who is not patriotic. See the irony there? Haha. At the same time, Not acting western and not consuming western products will be seen as inferiority by the so called "righteous" Filipinos.
It need to start, the changes need to start from the head of the nation himself, like our own president keeps promoting local products even wearing them by himself and gifting to other countries, from there we realize that our own products are like a hidden gem from international trade.
It's the same in Kazakhstan. People began to rethink and support their own brands. We have a "SalamBro" outlet and in my opinion it tastes better than McDonald's
Chinese people are very loyal and patriotic for the most part. They like making own stuff and not rely on other countries. They prefer supporting their own people.
Yes only loyal consumer in can think about are japanese @@郭-e7p Chinese and indian consumer are highly pragmatic And want quality product at cheap rates In india sim companies are forced to sell internet for free because consumer dont pay for it
China often welcomes foreign brands, typically through joint ventures with local companies, as a way to gain insights into their methods and acquire intellectual property. In many cases, once Chinese companies have learned enough from these partnerships, they launch their own brands at a fraction of the price, directly competing with their former partners. The short-term focus of some U.S. companies on gaining rapid revenue and access to China’s vast market may ultimately cost them, as they risk losing proprietary knowledge and innovation in the process
Source ? Proof ? How can u get intellectual property of a burger or pizza ? What's intellectual property about it ? 😆 🤣 😂 😹 😆 What innovation did kfc or McDonald's or pizza hur brings ?
Foreign car brands in China continue to get crushed. More evidence: 1. Global brands have lost 28 points market share to the Chinese since 2020. 2. This means that global brands' 2024 deliveries are down 6.7 vehicles compared to 2020. 3. - 6,700,000 in just 4 years. 4. For comparison, it took the Detroit Three 4 decades to lose that much ground in the US market. 5. Nowhere to run: GM, Hyundai, Ford, VW Jeep, Nissan taking the brunt. Even exclusive brands like Porsche and Mercedes are feeling the pain.
@@strigoiu13You do know all car manufacturers in the world need china to make their cars otherwise they’d be dead. China is already way ahead of the game.
My friend in Shanghai said starbucks is getting killed from both ends. Coffee is becoming really popular in China right now, but people are going for to high quality artisanal kind of coffee. Starbucks is closer to low end coffee (which is why the person called it “assembly line” coffee). But starbucks is getting massacred at the low end by cheaper coffee.
Competition in the consumer goods and services market is cutthroat in China. Any hint of weakness, like declining quality, invites an upstart competitor to gobble up your market share. Communists know how to wring out the maximum benefit from capitalism than capitalists can. Karl Marx wrote "Das Kapital" after all.
Luckin Coffee: $870 million / 20000 stores = $43,500 per store Starbucks: $735 million / 7000 stores = $105,000 per store. What am I missing here in my calculation here that disputes that Starbucks is making more than LC in China?
The total area of my Luckin coffee shop is no more than 20 m2 the Starbucks one is located in a mall and it is well over 180 m2. This might be what you are missing.
Thank you! Besides the obvious revenue/store differential, Luckin's cost structure/sqm is higher and same store sales percentage growth is substantially lower than Starbucks'. Luckin's financial metrics are just inferior to Starbucks' but that doesn't fit the narrative so we cherry pick meaningless indicators. 🤷♂
So Starbucks has just over 1/3 the amount of stores as Luckin and yet managed to make almost as much money in revenue as Luckin did? (They made 85% of what Luckin made with only 35% the amount of stores!) Your definition of "struggling" needs work. Their revenue per store is much higher than Luckin - while I don't know if that translates over to profit per store, since you didn't give those figures, if it is higher than Luckin, then that's just a different business strategy, it doesn't mean they're failing. It's basically the same strategy most luxury brands have - sell fewer items (watches, purses, cars) but for much higher profit per item.
Yea, but have you seen how big luckin coffee store is? And they are not located in big shopping malls or tourist land marks. Usually just staffed with one person. It's mostly to go. And maybe 1/10 or 1/20 the size of a Starbucks. So I would assume their profits /store will be even bigger.
@GeorgeForman-i9t As I said, I don't know what either chain's profit per store is because the video neglected to give that information. They painted an incomplete picture but then go "just trust me bro" when it comes to how the foreign chains are doing.
All Chinese businesses are low profit margin high revenue business else Xi along with his CCP will dismantle the business citing socialism and communism
@OmPom-h9o source ? Proof ? Why I buy chinese products When I buy them I own them When I buy a usa product I have to sign up for a subscription and it's not even at the level of chinese product . We even have app for a toothbrush BYD sells a car , tesla cannot even move without a subscription
Instead of supporting all this big franchise, I choose to support neighborhood shops, especially surrounding my home. They need the business more than those big franchise.
When you sell it at $10 you giving people 99 Opportunities which people can sell at $9.99 - $1.99. If the price is reasonable it resonate with market demand, salary and living standard. But western brand tend to Overprice their product to rack up more profit, and it's not happen only in China, same goes with my country Malaysia. Where local Coffee which even taste more better than Starbucks, while the local Price is Rm10 but Starbuck easily rack up double the price.
What's happening to foreign product now like automobile & mobile phone will soon spill to other brand / product too e.g > ikea, H&M, Starbuck Uniqlo, daiso, fashion wears, handbags, cosmestic ,etc ... will soon ( maybe a decade time ) have to move out of China simply because of fierce domestic competitors. There's no escape 🤔
This happened all over the world in the 90s. US companies expanded everywhere and were a novelty. So people paid for the experience. Eventually it got old and competitors with local tastes and lower prices showed up everywhere. The US ones became pointless and the lower quality was more evident. Same issue.
😂😂😂 They are forced to do it under chinese law otherwise they can not operate in china 😂😂😂 either by franchising through a local or by joint venture...
@@strigoiu13 lol tell me you don't know business with out telling😃😃 most food and beverage brands use franchises to expand more into globally, nowadays even bots are un educated 😀😀😅
If the Chinese make 10x less $$ than Americans, then they should logically buy things 10x cheaper... I've never understood their obsession with luxury European brands, designer clothes and how they could afford them.
Wait, doesnt make sense. We cant judge a brand by "struggling" when luckin coffee opens 20k shops and only makes 6.28b while starbucks opens 7k shops and making 5.22billion, if they opens twice the shops count, the revenue would go UP by far reaching more areas. We can't tell.
I think they opened a lot of Shops in Rural areas where people couldn't afford to drink coffee outside everyday. I think it's something the CPC wants company to do even if it makes no sense to give accessibility to every people. Plus more shops= more workers means it has to pay more wages.
Luckin prices are much lower, and many of its locations have consumers who are new to drinking coffee. Coffee drinking is still not a popular thing in China, most people in China still haven't tried coffee!
This is happening globally, not exclusively in China. The vlogger should do some very basic homework to see this is a global phenomenon. Supporting local businesse over global brands has only grown stronger since the Chinese pandemic which destroyed so many small businesses, and peoples lives.
US Brands are overpriced, with average quality. Because the already wealthy shareholders wants more skyrockets profits. But also don't buy to cheap products, with questionable quality.
If you can find local coffee, why bother to go Starbuck and pay more just to sit in a fancy place playing with your handphone? To drink or just want to be there and be seen?
I have tried Luckin coffee in China back in May 2024. While I only had one cup, I would say the coffee does not taste inferior to Starbucks. And the price is much less. I do agree with SCMP that Starbucks has to watch its "back", or maybe watch Luckin's back when it comes to the Chinese market.
I'm confused the girl said Starbucks is like an assembly line in comparison to Lurkin, but it seems Starbucks is more a personal experience because your Coffee is being made by a barista and not by a machine.
@MarcoJr666 Wait did you just like your own comment 🤣. Like he said Lurkin Coffee shop is mostly being made by a machine and it's barista is mostly just serving.
Luckin Coffee is more of a get coffee-to-go storefront - they have rather small retail footage and typically only have a few seats. However, due to this, they can charge 1/3 the price of Starbucks and for consumers who prefer the more sugary coffee drinks, there's virtually no difference in taste.
The prices given seem lower than they actually are, it is true that luckin is cheaper than starbucks in China, but the prices given in the videos are incorrect, prices for a starbucks coffee can range from around 40rmb if not more for certain drinks.
The narrative is about the demise of foreign brands but I don't get the core argument. The figures on Starbucks shown here is 5 billion (versus luckin's 6 billion). Yet, Starbuck is achieving this similar level of revenue with only a portion of the number of stores. Seems like much high turnover per store (and therefore, less expensive) for Starbucks.
I can not envision Starbucks losing money in China. Their stores are big and they are located in mostly big malls which surely adds to the cost but there are loyal customers. Certainly not for the quality of their coffee or sweets. Quality is very low. A cheap sachet can produce better quality coffee. The are a lot of people who treat the Starbucks shops are their offices. They go there in the morning and then they linger for hours and even have meetings there. These are everyday customers.
Many brands enter the Chinese market without considering whether the pricing is in line with China, just like Starbucks and Subway, they just convert dollars into RMB. When China can offer lower prices and the same quality, people will certainly make more rational choices
Even iPhones are made in China😂 It should be the other way around, you do China-hate through your iPhone or Samsung which is made in China or some of its components are made in China, isn't that ironic?
@@barbarossa2166Samsung isn't made in China anymore, and I-Phones are internationally made. A lot of the components are, but I think it's time Western and Japanese companies move their factories out of China :)
I live in the US and I rarely visit Starbucks even though I can afford it. I just have trouble justifying $6-$7 for a coffee. Dunkin’ Donuts is just fine. Walmart and Costco are very adept at attracting customers on a budget.
On the Starbucks/Luckin comparison, based on the numbers presented here, 7000 Starbucks in China made 735 million dolllars, while almost 3x more Luckin stores made 20% more money (870 million). So each Starbucks is making more than double $105K than Luckin $43K
I am not sure if any company wants to enter the market that is currently at the extensive pricing war (aka racing to the bottom war). The cheap products may seem to be beneficial for the consumers, but at the same time, they also keep the workers in the whole supply chain low-paid. This might lead to the middle-income trap when any country positions itself as being cheap for manufacturing all the time in which the labor costs are kept as low as possible. With the hyper-competitive mindset in Chinese society, this pricing war could lead to something more catastrophic, for example economic stagnation.
I'm sure Chinese burgers/ pizzas/ coffees would invade the American market if allowed. I'm sure Americans will love a 10usd burger instead of 20usd big Mac!
@@chrislee5685 That is why we have so-called the "minimum wage" which is the responsibility of the government to prevent the exploitation of the workers. With the market that full of the businesses that exploit the workers just to cut the price as low as possible, the possibility for the government to higher the minimum wage become "impossible". Gaining low wage and buying cheap foods, this addiction keep many middle income countries stay in the middle income list. I do agree with the "reasonable prices", but extremely low price is very unhealthy for the overall economy, it can produce the problem such as dumping price, labour exploitations, low quality product, unsafe foods, etc.
Something is wrong with the mathematics here. Starbucks with only 7000 outlets is earning 5.22 Billion while Luckin with more than 20,000 outlets is earning only a bit more at 6.28 Billion. The revenue per outlet ratio for Starbucks is 746000.00 Yuan while Luckin has a revenue per outlet ratio of only 314000.00 Yuan. In other words, Starbucks is not struggling. It has revenues per outlet of more than twice that of Luckin. Maybe your reporter should review basic accounting?
Starbucks, McDonald's, Pizza Hut and other big foreign names charge more because of the brands. There is nothing special about their products. Local brands offer better taste and affordable price. Most people won't buy into it. It happens in other Asia countries not just in China. $3 for a cup of Starbucks coffee is just so insane. Always walk away from these brand names.
Simple answer: Chinese consumers don't choose these brands because there are more cost-beneficial products in the market now. These brands can't follow consumer behavior changes, not because of their founders' nationality.
Health problems associating eating too much Western fast food : Risk of obesity, heart attack, diabetes, high blood pressure, kidney failure, Raise cholesterol levels, eyes problems etc.
I doubt it as Indonesia is the fourth most populous nation in the world. The challenge with Indonesia is that it is an archipelago which would make logistics very challenging especially with an insufficient infrastructure
It was impressive to see a country manage a billion people over the last 30 years or so until you realize there just isn't enough food for everyone. Doesn't matter how well they do.
Starbucks is overpriced in every country. Haven't had it for a long time, and I only go if I'm with someone who wants to go. Plus, there's an international boycott.
We used to be patronized by foreign brands and making us to believe that it is worth it but after understanding what lies behind it, we will only choose what really matters
This is a very normal process when countries develop and local brands become more trusted. There is no need to constantly bring in words about nationalism, lying, betrayal, etc. a video about Coffee competition doesnt mean the entire world plans to destroy you or something.
I think it happens everywhere... not only in China. Here in Malaysia we have ZusCoffee to sub Starbucks, and also Tealive for bubble tea. McD and KFC I think there isn't any significant local competitors yet...
Kinda similar here in Indonesia. If there aren't any promotions, then most western food brands are simply not worth it for the same money. You can get local food brands with bigger portions.
Padang restaurant > McDonalds, western restaurant prices in Jakarta can feel pretty steep-you usually need to spend at least $7 to $15 per meal, whereas in Europe, it’s around $12 to $30. But when you look at the average wage, Europeans make about eight times more
Chagee milktea employee are the best❤..Luckin coffee staff are horrible, they did not help my wife who had struggle to pay via wechat😢
@@timX99squad Actually some are much cheaper.
D'Besto for example can be considered quite popular friend chicken here.
The price for whole fried chicken after discount, delivered to home is about 50k Rupiah, less than 4 USD.
@@lonesomefencesitter3186 well there are also food in supermarket (Belgium and Netherlands) you can get 2 Burger only 2 euro and 3 portion fried rice just for 6 euro , some bread also just 0.5 euro - 1 euro, just another comparison to see how overpriced food in Jakarta if we compare with salary..beef also just 1.5-2x higher than in Jakarta
U mean american
Don't overprice your products.
It's just that simple
Ferrari, Hermes etc. would like to say Hi
A Poor Man's meal coupon has been deposited to your Xi Wallet, comrade.
foreign brands means superiority... it used to
@@pikachu-mx6hionly got a few with so much money that it doesn't matter
@@pikachu-mx6hi ferrari? you meant fiat. fiat punto 🤣
Sooner or later, you can find these brands overseas, then the US will ban the Chinese burger due to national security 😅😅😅
Or overcapacity
I can't bring myself into buy Coca Cola when the US government put a 100% tariff on Chinese cars.
@@longcimb Or illegal subsidies.
Hahaha right
Chinese burger tariffs them state funded burgers are eating macdonalds lunch 😂
Not only in China. It happens in a lot of other countries too. Go local and/or other cheaper and more affordable brands.
Yes, thats normal competition.
Phenomenon was early when decent but not perfect american brands monopolized everything across the world
Except Philippines
Russia is thriving 😂
@@kastus77Boycott all American brands support local
Only one Starbucks in sydney
In the past, local brands only relied on low prices to compete, but now they taste delicious, which is why they are popular.
The Chinese are getting sick and tired of being ripped off by ridiculously overpriced Western luxury brands and their ultra-processed fast food garbage.
Not only Chinese, is people Around the world.
We could care less and we would be grateful if they would get off our social media considering they're not even supposed to be here cuz their communist dictatorship doesn't allow it
Really? Didn't look like it when I went to the Apple store today. Wealthy Chinese love everything foreign and they still sneer at the locally made brands and the people who buy them.
@@bugsygoothey are brain w@$h. Have they forgotten that usa government kidnapped huawei ceo daughter?
@@richiewalker0114it taste the same so why pay more?
It all started with Huawei when the US sanctioned Huawei and went around talking to other allied countries (mainly europe) to do the same. The Chinese people saw the injustice but didn't do much about. Luckily for China, Huawei decided to completely restructure their model after being cut from a lot of their sales overseas and decided to focus on R&D and working with other Chinese tech companies to sell their innovations to while being the #1 Chinese phone company. This was a huge success and Huawei is today one of, if not, the most innovative phone company doing record sales year by year. The Chinese people saw a revitalization in national brands and decided, by themselves, to switch to Huawei instead of apple. Today this has led to more and more young Chinese people who, usually didn't care about "Chinese brand solidarity", to find Chinese alternatives. The US and Europe shot themselves in the foot. This could also become a problem for China if too many people switch away from american and european brands since they won't have as much bargaining power with those nations. However if the US and China was to start a trade war and potentially even a cold war, it would be perfect for China to be ahead of it to create a solid foundation in Chinese alternative brands.
Huh? Are you forgetting about all of the American brands like Facebook that are blocked or locked out of China?
@@Noscrapsinmyscrapbook his talking about US brands (fast food in this video) inside of china.... read first... and don't blame people for not buying your stuff when they are treated like dirt.
Xiaomi is number 1 Chinese phone company by market share.
@@Noscrapsinmyscrapbook Duh, do you know why Facebook was blocked in China? Do google and understand why it happened before voicing out...
@@Noscrapsinmyscrapbook us calling to ban is one thing, coercing your entire ally to ban it is lowest low. I just wish you westoids enjoy the inflation years to come.
there is an overcapacity of foreign (American) fast food brands in China
They have been Overcapacity for many decade, when other do it is "National Security" guess is not so Free Market.
American fast food are filled with growth hormone leading to increased obesity, diabetes and cancer proliferation! Wouldn't touch that with a barge pole!
I'm German and never go to Starbucks, even here it's the overpriced coffee shop 😅
AGREED
Try the same in Switzerland. Their workers are also the lowest paid in the industry and they get zero respect from their superiors.
Boycott it.
The hole country Switzerland is overpriced bro..
@@kostasMC
@@heyjo3417lol yea, my wallet fear the name
its their w0ke-ness which kills their Brand
Not only in China. McD, Starbuck and KFC struggling around the world.
yeah, here in Indonesia, KFC, Pizza Hut and others have been closing stores.
@@godzillamothra5983Their financial report always negative, their loosing money every days
@@chrislee5685 for Gaza!!!
@@chrislee5685 free Palestine!!!
@@godzillamothra5983 obviously indonesia.
I hardly go Starbucks here in Singapore, unless I'm needing a nice ambience and want to have a chat with a friend. Otherwise my local coffee shops, always within walking distance from homes, offer maybe even better taste than Starbucks, Coffee Beans etc and at 4 times lesser the price. Starbucks is overhyped and overpriced. But even the ambience is nothing these days because it's always crowded with people esp in town area. Actually western fast food is not cheap in SG vs local food. People who frequent them are actually either addicted to junk food or have too much $$ on hand to be able do it frequently.
Yes, Western junk food is expensive, so why spend that kind of money on food that will give you high blood pressure, high cholesterol and obesity when you can have reasonably healthy SG local food?
Actually Starbucks, Mac Donalds, KFC and other non western brands like Jollibee are doing very well in Singapore. The difference between China and Singapore is that the people in China fears spending money due to pessimistic outlook so they are looking for economical options while in Singapore, the economic outlook is more optimistic and people are thus willing to spend.
Western corporations mostly such as Starbucks and McD are funding gaz ge no side, which is why global citizens are walking away!
Nobody goes there anymore, it’s too crowded - Yogi Berra
Support local shop it will help the business. 👌
All countries have welcomed western brands for decades but has the west, especially America received foreign brands just as well?? Time to empower ourselves first. Make Asia Great Again!
We are already great my friend and growing
I’m glad we do this in the 20th century and not the next century
You meant China (and not Asia).
recently visited china, and was blown away about the coffee culture and competition between the stores, after trying them, Cotti and Lucki was amazing! I wish them already come to australia!
Visit other Asian countries as well we have different coffee shops
Not everything is about starbucks which Americans think we all drink it 💀
To be honest, luckin coffee tastes better and far more innovative than Starbucks. It requires less floor space, and leverage on the delivery system here in China to keep the cost down. Can already see Chinese brands in South East Asia.
Chinese going to Starbucks is not about quality, it’s about looking cool, holding a Starbucks cup. Same in much of the world
As America and the West enter a terminal stage of decline, that cachet of cool is rapidly evaporating.
There’s a term to describe such activities “zhuang b” literally as making it cool (actually not) 🤣
Same with Starbucks everywhere. I do sometimes go when a better place is not around, but it's not the best quality, nor is it the most affordable option. So why buy it? It's all about marketing.
Why r they luxury brands there? Here in newyork, rich don't eat them,only middle class and mostly homeless people eat them,no way they're luxury brands
@@SirishShrestha-w6z you need to get out and travel outside of NY and the US. You have a lot to learn
As a Chinese, I would like to say that this video is a little biased. Only those expensive foreign brands are declining, those quality with decent prices are still popular. For example, McDonald's, KFC, Domino
Also costco and sam's club
to jest rafinowane jedzenie niszczy twoje zdrowie
@@froyo293 I thought those are high end brand in China
@@pablopizarro1826 kfc and McDonald’s are very common, more than 10 thousands KFC restaurants and seven thousands McDonald’s restaurants in China, they are just ordinary fast food brands for most Chinese people. If you want to name some high ends brands that prone to fail in China, shake shack could be one of them, too expensive yet less tasty, dozens of branches have been closed recently
This is from HongKong, you should know better. These people have enigmatic love for their former foreign master.. it would hurt their personal pride if you ex peasanta are richer than them..
Same thing happens everywhere. When I first visited Korea as a kid American food brands like McDonald's and Pizza Hut were very popular among the locals. Now (with the exception of Starbucks) it's mostly better, cheaper and more delicious Korean brands. Same thing with China.
There isn't a big difference in India, where U.S. fast food brands are also struggling due to strong competition from Indian fast-food chains. These local brands understand the Indian palate better, catering to regional tastes and spices, which gives them a significant edge over international chains.
Not just in China. I live in Malaysia. We have many local and other lesser known Asian brands mushrooming in the past few years.
I'm not even in China but I've found myself using more Chinese brands over Western ones that are too expensive. Local too obviously!
I think it is great. China has its own brands. US has its brands. No need to mix at all. Each goes its separate way. No crossing paths. No conflicts.
Naw, we want foreign brands to come to America.
American brands have been stagnant for decades now. Theres been no innovation. Food still tastes the same, quality has not improved, costs have gone up. Foreign brands are super popular in california since they offer so much innovation. In China, a whole new trend in food can come and go within 4 years. Always something new to tickle your taste buds.
We are no mainland Chinese but do not think much of Starbucks. Its coffee taste is inferior to specialist cafes, for the same price
I can't bring myself into buy Coca Cola when the US government put a 100% tariff on Chinese cars.
then dont, we dont buy chinese brands coz your govt bulies, exploit and steal our countries
I'm reading a lot of people from different Asian Countries being vocal about supporting their local brands more than western brands. Great for you. So happy that a lot of you are starting to go in that direction.
Meanwhile here in the Philippines, a lot of people still likes wiping the behind of the West! A lot of Filipinos only support these western brands so they can have that sense of belongingness with the west that they DESPERATELY crave for. They wanna be part of them so bad! Even western culture that really doesn't fit Filipino values, a lot of Filipinos work so hard to inculcate on their daily living. Take extra wokeism as an example.
Here in the Philippines, if you don't support the west and not patronize western products, you will be seen as someone who is not patriotic. See the irony there? Haha. At the same time, Not acting western and not consuming western products will be seen as inferiority by the so called "righteous" Filipinos.
It need to start, the changes need to start from the head of the nation himself, like our own president keeps promoting local products even wearing them by himself and gifting to other countries, from there we realize that our own products are like a hidden gem from international trade.
What products do Filipinos make?
@@EB-jf5oi exactly, even our local brands are extremely low quality😢
It's the same in Kazakhstan. People began to rethink and support their own brands. We have a "SalamBro" outlet and in my opinion it tastes better than McDonald's
Chinese people are very loyal and patriotic for the most part. They like making own stuff and not rely on other countries. They prefer supporting their own people.
Actually, that's not true. The Chinese are pragmatists. Selling things that are too expensive and not tasty, they won't buy them😂
Yes only loyal consumer in can think about are japanese
@@郭-e7p
Chinese and indian consumer are highly pragmatic
And want quality product at cheap rates
In india sim companies are forced to sell internet for free because consumer dont pay for it
China often welcomes foreign brands, typically through joint ventures with local companies, as a way to gain insights into their methods and acquire intellectual property. In many cases, once Chinese companies have learned enough from these partnerships, they launch their own brands at a fraction of the price, directly competing with their former partners. The short-term focus of some U.S. companies on gaining rapid revenue and access to China’s vast market may ultimately cost them, as they risk losing proprietary knowledge and innovation in the process
Source ? Proof ?
How can u get intellectual property of a burger or pizza ? What's intellectual property about it ? 😆 🤣 😂 😹 😆
What innovation did kfc or McDonald's or pizza hur brings ?
Source ? Proof ?
Ah yes, McDonald's and KFCs make technologically advanced foods.
@@fdjw88the key is the operation not the food
You can choose not to enter their market! Why don't you choose? Never come to China!😂
Chinese culinaries are more healthy and yummy compare to American junk food
I'm cooking my own food if I'm in China..
Foreign car brands in China continue to get crushed.
More evidence:
1. Global brands have lost 28 points market share to the Chinese since 2020.
2. This means that global brands' 2024 deliveries are down 6.7 vehicles compared to 2020.
3. - 6,700,000 in just 4 years.
4. For comparison, it took the Detroit Three 4 decades to lose that much ground in the US market.
5. Nowhere to run: GM, Hyundai, Ford, VW Jeep, Nissan taking the brunt. Even exclusive brands like Porsche and Mercedes are feeling the pain.
So what? Maybe the chinese are struggling and can not afford a real car anymore 😂😂😂
@@strigoiu13 well, local car brands are thriving. how do you explain that?
Indeed, we need to stop buying western brands n choose our local ones instead
@@strigoiu13 local domestic brands are taking the market share away from foriegn brands.
@@strigoiu13You do know all car manufacturers in the world need china to make their cars otherwise they’d be dead. China is already way ahead of the game.
My friend in Shanghai said starbucks is getting killed from both ends.
Coffee is becoming really popular in China right now, but people are going for to high quality artisanal kind of coffee. Starbucks is closer to low end coffee (which is why the person called it “assembly line” coffee). But starbucks is getting massacred at the low end by cheaper coffee.
give it a couple years and you'll see the local quality decline... greed isn't just foreign investment.
Fr, i see that in our own country when our own most loved local fast food declines in quality.😢
Competition in the consumer goods and services market is cutthroat in China. Any hint of weakness, like declining quality, invites an upstart competitor to gobble up your market share.
Communists know how to wring out the maximum benefit from capitalism than capitalists can. Karl Marx wrote "Das Kapital" after all.
in Saudi Arabia, Albaik is preferred over any fast food brands it's fresher,it's cheaper and its tastier
Luckin Coffee: $870 million / 20000 stores = $43,500 per store
Starbucks: $735 million / 7000 stores = $105,000 per store.
What am I missing here in my calculation here that disputes that Starbucks is making more than LC in China?
The total area of my Luckin coffee shop is no more than 20 m2 the Starbucks one is located in a mall and it is well over 180 m2. This might be what you are missing.
Thank you! Besides the obvious revenue/store differential, Luckin's cost structure/sqm is higher and same store sales percentage growth is substantially lower than Starbucks'. Luckin's financial metrics are just inferior to Starbucks' but that doesn't fit the narrative so we cherry pick meaningless indicators. 🤷♂
luckin have lots of one-stand take-away shop. Shop to shop is different
That's different market segmentation. LC's price is more reasonable where Starbucks overpriced.
So Starbucks has just over 1/3 the amount of stores as Luckin and yet managed to make almost as much money in revenue as Luckin did? (They made 85% of what Luckin made with only 35% the amount of stores!) Your definition of "struggling" needs work. Their revenue per store is much higher than Luckin - while I don't know if that translates over to profit per store, since you didn't give those figures, if it is higher than Luckin, then that's just a different business strategy, it doesn't mean they're failing. It's basically the same strategy most luxury brands have - sell fewer items (watches, purses, cars) but for much higher profit per item.
Yea, but have you seen how big luckin coffee store is? And they are not located in big shopping malls or tourist land marks. Usually just staffed with one person. It's mostly to go. And maybe 1/10 or 1/20 the size of a Starbucks. So I would assume their profits /store will be even bigger.
@GeorgeForman-i9t As I said, I don't know what either chain's profit per store is because the video neglected to give that information. They painted an incomplete picture but then go "just trust me bro" when it comes to how the foreign chains are doing.
Low Profit Margin vs High Profit Margin.
All Chinese businesses are low profit margin high revenue business else Xi along with his CCP will dismantle the business citing socialism and communism
@OmPom-h9o source ? Proof ?
Why I buy chinese products
When I buy them I own them
When I buy a usa product I have to sign up for a subscription and it's not even at the level of chinese product .
We even have app for a toothbrush
BYD sells a car , tesla cannot even move without a subscription
Instead of supporting all this big franchise, I choose to support neighborhood shops, especially surrounding my home. They need the business more than those big franchise.
Seriously, who drinks Starbucks? It is ridiculously overpriced, not just in China, but worldwide.
Chinese brands actually international brands itself. While those limited brands came from US will fall with the fall of US intentionally
Does even just a video about coffee prices warrant dumb comments about a global destruction of the US? Dramatic much?
@@LeoSpaceman69 keep coping bro. You scared 😂
When you sell it at $10 you giving people 99 Opportunities which people can sell at $9.99 - $1.99. If the price is reasonable it resonate with market demand, salary and living standard. But western brand tend to Overprice their product to rack up more profit, and it's not happen only in China, same goes with my country Malaysia. Where local Coffee which even taste more better than Starbucks, while the local Price is Rm10 but Starbuck easily rack up double the price.
When an economy struggles, it is normal for consumers to look for ways to save money. The smart companies are the ones that recognize and adapt.
What's happening to foreign product now like automobile & mobile phone will soon spill to other brand / product too e.g > ikea, H&M, Starbuck Uniqlo, daiso, fashion wears, handbags, cosmestic ,etc ... will soon ( maybe a decade time ) have to move out of China simply because of fierce domestic competitors. There's no escape 🤔
I think people don't want Western brands anymore because of the genocide that happening.
Carrefour left Jordan because Jordanians stopped buying from genocidal west
That's a lie
The genocide in gaza, committed by israel, supported by America and other western countries.
@@TacticalMayo The only liar on here is you, Western tool.
Uyghurs?
This happened all over the world in the 90s. US companies expanded everywhere and were a novelty. So people paid for the experience. Eventually it got old and competitors with local tastes and lower prices showed up everywhere. The US ones became pointless and the lower quality was more evident. Same issue.
Outstanding reports from SCMP always, thanks for your amazing work !
The West decoupling from China is *irreversible.*
Which country is named west?
Well usa is in debt to China sooooo
Yep, we are walking away.
@@TacticalMayo we as in phillipines? Lol
More mendacious spam from "AhmetTakin".
Maybe the end of some foreign, due to not so much US style banning. Instead, it may be the consequence of capitalistic free market competition.
This is why most American brands in China are franchised by large Chinese companies in order to minimize risk.
😂😂😂 They are forced to do it under chinese law otherwise they can not operate in china 😂😂😂 either by franchising through a local or by joint venture...
@@strigoiu13 lol tell me you don't know business with out telling😃😃 most food and beverage brands use franchises to expand more into globally,
nowadays even bots are un educated 😀😀😅
If the Chinese make 10x less $$ than Americans, then they should logically buy things 10x cheaper... I've never understood their obsession with luxury European brands, designer clothes and how they could afford them.
Let say only 1% of chinese are rich, their quantity 14M ppl almost similar to 5% usa upperclass 16M, thats the pessimistic percetage, what if 3%?
@ aren't they the most affected by stock crashes and property dump?
I change to Made in China phone now. Scared Western phone will explode like in Lebanon.
Bro😂😂😂 where are u from 😅
What western phone 😂 they are all made in China
Wait, doesnt make sense. We cant judge a brand by "struggling" when luckin coffee opens 20k shops and only makes 6.28b while starbucks opens 7k shops and making 5.22billion, if they opens twice the shops count, the revenue would go UP by far reaching more areas. We can't tell.
I think they opened a lot of Shops in Rural areas where people couldn't afford to drink coffee outside everyday. I think it's something the CPC wants company to do even if it makes no sense to give accessibility to every people. Plus more shops= more workers means it has to pay more wages.
Luckin prices are much lower, and many of its locations have consumers who are new to drinking coffee. Coffee drinking is still not a popular thing in China, most people in China still haven't tried coffee!
Luckin are mostly tiny 1 or 2 persons outlet. Very limited seatings. Starbucks ourlets are typically 4 times the size....
@@CYNeo-z6i
Luckin gets lots of delivery orders.
In PH, drinking Starbucks is all about showing you're someone who can afford things. 😅
I can make better coffee and tea than starbucks. I don't need this overpriced products
This is happening globally, not exclusively in China. The vlogger should do some very basic homework to see this is a global phenomenon. Supporting local businesse over global brands has only grown stronger since the Chinese pandemic which destroyed so many small businesses, and peoples lives.
US Brands are overpriced, with average quality. Because the already wealthy shareholders wants more skyrockets profits.
But also don't buy to cheap products, with questionable quality.
Go cheaper… go local
Boycott western products!!!
No, I like my KFC! (in moderation)
boycott middle eastern products
This is why most American brands in China are franchised by large Chinese companies in order to minimize risk.
@@orangutan461 boycott your mom
Of course boycott after they copied western products.
If you can find local coffee, why bother to go Starbuck and pay more just to sit in a fancy place playing with your handphone? To drink or just want to be there and be seen?
China is notorious for recreating a discount version of any successful foreign product.
It's not the end. It's china's business model
umm is it really a “discount version” if its doing better 😭?? Starbucks didn’t invent coffee fyi
China is famous for improving and making the same products affordable to the consumers!
And mister what about China's tea brands? Tea wasn't invented in The West. So?
Chinese products were successful domestically long before western products appeared in China
@@priyanksaikia5549tee wasn't invented in China either. It's a leaf.
I have tried Luckin coffee in China back in May 2024. While I only had one cup, I would say the coffee does not taste inferior to Starbucks. And the price is much less. I do agree with SCMP that Starbucks has to watch its "back", or maybe watch Luckin's back when it comes to the Chinese market.
When average American waiter can ask for a minimum of 20% plus tips, and earns for US$10,000 per month, nothing can be cheap! It's suicidal!!!
high quality and informative. thank you
Mc Donald, KFC 🤢
Yulin dog meat festival
Gutter oil
Bat soup
Melamine milk
Hungry? Here🐕🦇🍜
Who knew offering consumers better value for their money is a winning strategy?
I'm confused the girl said Starbucks is like an assembly line in comparison to Lurkin, but it seems Starbucks is more a personal experience because your Coffee is being made by a barista and not by a machine.
Take a flight to China and watch how Luckin prepared their coffee versus Starbucks.
@MarcoJr666 Wait did you just like your own comment 🤣. Like he said Lurkin Coffee shop is mostly being made by a machine and it's barista is mostly just serving.
This is a translation problem, she is just a metaphor
At the end of the day, people will choose product over experience. If product value is less, experience doesn't matter.
Luckin Coffee is more of a get coffee-to-go storefront - they have rather small retail footage and typically only have a few seats. However, due to this, they can charge 1/3 the price of Starbucks and for consumers who prefer the more sugary coffee drinks, there's virtually no difference in taste.
The prices given seem lower than they actually are, it is true that luckin is cheaper than starbucks in China, but the prices given in the videos are incorrect, prices for a starbucks coffee can range from around 40rmb if not more for certain drinks.
>look at advantage of a 'communist' Chinese brands over 'capitalist' American brands
> Cheaper higher quality products in the free market.
huh
The narrative is about the demise of foreign brands but I don't get the core argument. The figures on Starbucks shown here is 5 billion (versus luckin's 6 billion). Yet, Starbuck is achieving this similar level of revenue with only a portion of the number of stores. Seems like much high turnover per store (and therefore, less expensive) for Starbucks.
I can not envision Starbucks losing money in China. Their stores are big and they are located in mostly big malls which surely adds to the cost but there are loyal customers. Certainly not for the quality of their coffee or sweets. Quality is very low. A cheap sachet can produce better quality coffee. The are a lot of people who treat the Starbucks shops are their offices. They go there in the morning and then they linger for hours and even have meetings there. These are everyday customers.
Diversity is what we need.
Many brands enter the Chinese market without considering whether the pricing is in line with China, just like Starbucks and Subway, they just convert dollars into RMB. When China can offer lower prices and the same quality, people will certainly make more rational choices
I love the way they showed their patriotism while photoing with an iPhone lol
I see no contradiction. Capturing patriotism with a Made in China product.
Even iPhones are made in China😂 It should be the other way around, you do China-hate through your iPhone or Samsung which is made in China or some of its components are made in China, isn't that ironic?
I'm sure they are happy it was uploaded on RUclips also haha
@@barbarossa2166Samsung isn't made in China anymore, and I-Phones are internationally made. A lot of the components are, but I think it's time Western and Japanese companies move their factories out of China :)
@@EB-jf5oi they're moved already cause they can't beat the local companies in china like byd
This is so interesting to learn as someone from the UK!
F&B operator here. The local brands are growing and able to match western brands quality. Support local.
That's a lie
@@TacticalMayo lie of what ? are you western dog bot😀
I live in the US and I rarely visit Starbucks even though I can afford it. I just have trouble justifying $6-$7 for a coffee. Dunkin’ Donuts is just fine. Walmart and Costco are very adept at attracting customers on a budget.
Thank you Trump for giving China a chance to let its companies compete against the Americans.
It backfired on the USA.
Joke Byeden made China great again too. 😂
Have you compared the price tag ?
Wow starbucks is struggling only 7000 store nearly equalized the earning of luckin with 20000 store wow the starbuck struggle 😂😂😂
On the Starbucks/Luckin comparison, based on the numbers presented here, 7000 Starbucks in China made 735 million dolllars, while almost 3x more Luckin stores made 20% more money (870 million). So each Starbucks is making more than double $105K than Luckin $43K
Are you saying only McDonald’s and KFC can make burgers and only Starbucks can only make coffee? Your business is failing because you fail to compete
They are losing sales due to their support or funding of Zionists. People worldwide are boycotting those businesses.
KFC and McDonald's taste lousy. Starbucks is too expensive for its quality. Forget them.
I am not sure if any company wants to enter the market that is currently at the extensive pricing war (aka racing to the bottom war). The cheap products may seem to be beneficial for the consumers, but at the same time, they also keep the workers in the whole supply chain low-paid. This might lead to the middle-income trap when any country positions itself as being cheap for manufacturing all the time in which the labor costs are kept as low as possible. With the hyper-competitive mindset in Chinese society, this pricing war could lead to something more catastrophic, for example economic stagnation.
I'm sure Chinese burgers/ pizzas/ coffees would invade the American market if allowed.
I'm sure Americans will love a 10usd burger instead of 20usd big Mac!
@@Who-lg9my Everyone loves cheap products but non of them loves low salary.
@@forlua9211" low salary " that brings food to the table instead of consuming pagpag
When have higher price brand ever paid worker higher salary. 😂
@@chrislee5685 That is why we have so-called the "minimum wage" which is the responsibility of the government to prevent the exploitation of the workers. With the market that full of the businesses that exploit the workers just to cut the price as low as possible, the possibility for the government to higher the minimum wage become "impossible". Gaining low wage and buying cheap foods, this addiction keep many middle income countries stay in the middle income list.
I do agree with the "reasonable prices", but extremely low price is very unhealthy for the overall economy, it can produce the problem such as dumping price, labour exploitations, low quality product, unsafe foods, etc.
Something is wrong with the mathematics here. Starbucks with only 7000 outlets is earning 5.22 Billion while Luckin with more than 20,000 outlets is earning only a bit more at 6.28 Billion. The revenue per outlet ratio for Starbucks is 746000.00 Yuan while Luckin has a revenue per outlet ratio of only 314000.00 Yuan.
In other words, Starbucks is not struggling. It has revenues per outlet of more than twice that of Luckin. Maybe your reporter should review basic accounting?
decoupling is not a one way street 😂😂
Agreed
Starbucks, McDonald's, Pizza Hut and other big foreign names charge more because of the brands. There is nothing special about their products. Local brands offer better taste and affordable price. Most people won't buy into it. It happens in other Asia countries not just in China. $3 for a cup of Starbucks coffee is just so insane. Always walk away from these brand names.
Simple answer: Chinese consumers don't choose these brands because there are more cost-beneficial products in the market now. These brands can't follow consumer behavior changes, not because of their founders' nationality.
Health problems associating eating too much Western fast food :
Risk of obesity, heart attack, diabetes, high blood pressure, kidney failure, Raise cholesterol levels, eyes problems etc.
Glad to see this 😊!
Starsucks 😂😂
If Walmart opened in Indonesia, nobody would go 🍉
obviously we know why. Islam runs the country.
I doubt it as Indonesia is the fourth most populous nation in the world. The challenge with Indonesia is that it is an archipelago which would make logistics very challenging especially with an insufficient infrastructure
Walmart is not overpriced in China. If they follow the same model in Indonesia it will be a success.
Religion of peace?
Wait Luckin Coffee still exist? Didnt they file chapter 15 bankrupcy due to data manipulation of its sales revenue?
As a Chinese, we're no longer afford foreign brands.😅😅😅
I can afford foreign brands but I still choose to buy Chinese. More value for money
Ohh... This loser pinky boy again...youre so in love with China... 😂
I prefer Chinese brands, what can you do ? Nothing !😜😆
@@Hkchinese888 i bet, there is Chinese who broke your heart... Poor little pinky boy😆
@@limk8994 what can I do?
I won’t bother 🤣🤣
That Starbucks and luckin coffee comparison is wild 😂 Starbucks has 1/3 of shops and makes almost the same as luckin
The total area of my Luckin coffee shop is no more than 20 m2 the Starbucks one is located in a mall and it is well over 180 m2.
Bravo China citizens.
Can Indian brands thrive in China? I want to sell curry
can you still curry in India?
I dont know, I never tried any Indian food before, but I am interested in curry, if I have chance, I would try.
They will
Ask “Mohammed Kumar”/“Hkchinese”/”wynn”, that poster is Chinese 🤣
Absolutely no need for huge brands anywhere. Especially in food and coffee. Local businesses MUCH better.
外国品牌如何才能在中国蓬勃发展?
通过销售狗肉和地沟油蝙蝠汤
Aha..thats better and refreshing ...a new spin
Curry dog?
Average traditional chinese cuisine
@@misterbig9025
Chinese delicacy 👍
真的吗 你吃过蝙蝠汤?
It was impressive to see a country manage a billion people over the last 30 years or so until you realize there just isn't enough food for everyone. Doesn't matter how well they do.
Just like in Russia. No one will miss them. It is just the names that will change. Other than that, it might even get cheaper.
Foreign brand needs to be innovative and competitive to stay ahead of the market.
Starbucks is overpriced in every country. Haven't had it for a long time, and I only go if I'm with someone who wants to go. Plus, there's an international boycott.
We used to be patronized by foreign brands and making us to believe that it is worth it but after understanding what lies behind it, we will only choose what really matters
This is a very normal process when countries develop and local brands become more trusted. There is no need to constantly bring in words about nationalism, lying, betrayal, etc. a video about Coffee competition doesnt mean the entire world plans to destroy you or something.
@@LeoSpaceman69free Palestine!!!
I think it happens everywhere... not only in China. Here in Malaysia we have ZusCoffee to sub Starbucks, and also Tealive for bubble tea. McD and KFC I think there isn't any significant local competitors yet...
That's why Google and RUclips can't beat Baidu and Youku
Then why are you on RUclips instead of Youku or Baidu?
They got ban in China
@@ditsygirl5409Because Google and RUclips are better haha
hahahaha the irony