Restaurants: a healthy appetite

• Published 29 Oct 2009

With growing amounts of venture capital being directed at China's chain restaurants, the sector is becoming an increasingly attractive investment theme.

China's catering industry found itself in a relative sweet spot this year. Total revenues from the industry, which includes restaurants and hotel dining, grew 18.1% to reach Rmb 851.4bn ($124.6bn, €83.7bn, £76bn) in the first half. And China's robust appetite for out-of-home dining is expected to boost the industry by 25% each year for the next three years, according to a forecast by the China Hotel Association.

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