Xibei Nationwide Implementing Price Reductions, Some Dishes Decreased by Over 20% – China Fund Report

Xibei is once again a hot topic as they have started implementing price reductions nationwide, with some dishes seeing reductions of over 20%. On October 1st, the hashtag #XibeiTemporarilyAdjustsPrices trended on Weibo. Reports indicate that Xibei began adjusting prices across the country on October 1st. Some netizens shared on social media that recent visits to Xibei restaurants showed new prices on the menus, with significant price decreases in first-tier and second-tier cities. Upon checking the Xibei app, journalists found that prices of certain dishes have indeed been noticeably reduced, with some dishes seeing price drops of over 20%. Let’s take a closer look at the details.