Caixin
May 27, 2022 08:48 PM
BUSINESS

Covid Controls Slice Beijing Restaurants’ Income in Half, Survey Shows

A bar offers take-out cocktails as Beijing stopped dine-in services on May 1. Photo: Zhang Ruixue/Caixin
A bar offers take-out cocktails as Beijing stopped dine-in services on May 1. Photo: Zhang Ruixue/Caixin

Beijing restaurants saw their income plunge by half this month after the municipality suddenly banned them from welcoming patrons, according to a previously unreported trade group survey.

During the two weeks through May 15, the daily average revenue for surveyed restaurants in Beijing plunged 48% from the same period in January, according to a survey by an industry group seen by Caixin. The survey, which has not been released publicly, didn’t reveal the actual revenue figure.

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