paywhatyoulike restaurant in china loses thousands
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Pay-what-you-like restaurant in China loses thousands

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Pay-what-you-like restaurant in China loses thousands

Beijing - AFP

A Biblically-named restaurant in China where patrons can pay whatever they want -- or nothing at all -- has shown that while loving your neighbour may be laudable, it is a risky business model. The "Five Loaves and Two Fish" restaurant, named for the story of Jesus feeding the five thousand, has been serving up hot meals and coffee daily to a packed house in Fuzhou since it opened its doors in August. The city centre eatery is open 24 hours a day and is known for its seafood and local Fujianese cuisine, with specialities including garlic scallops, beef with scallions, and pickled pork. Diners are expected to wash their own dishes after eating and then put whatever money they want to pay into a box. But according to its investors, as many as one fifth of patrons opt to pay nothing, and the restaurant has lost 250,000 yuan ($41,000) since it opened. "We initially expected the restaurant to stay open for two months, and now it has lasted three. The losses are not unbearable," owner Liu Pengfei, 50, told the state-run China Daily newspaper. Liu said in an October television interview that "what we care about most is not money, but trust" -- but he now plans to encourage patrons who have not been paying to explain their reasons why not. "They can tell me they don't have enough money, that's fine. But paying nothing and saying nothing is totally different," he told the paper. "Honesty is the first step to building trust. In my eyes, those who don't pay are sick."

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

paywhatyoulike restaurant in china loses thousands paywhatyoulike restaurant in china loses thousands

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

paywhatyoulike restaurant in china loses thousands paywhatyoulike restaurant in china loses thousands

 



GMT 19:57 2018 Tuesday ,23 January

Farm-fresh from Kerala to the UAE, in just one day

GMT 05:17 2024 Wednesday ,07 February

Amazon to open first cashierless shop

GMT 10:08 2018 Wednesday ,24 January

Microsoft to open 4 data centres

GMT 19:20 2017 Sunday ,12 November

Bapco: Saudi-Bahrain oil supplies resume

GMT 12:02 2017 Friday ,15 December

EU says 15,000 migrants to exit Libya in two months

GMT 08:31 2017 Wednesday ,01 November

Dina role in “The Flood” underlined her talent

GMT 05:04 2024 Tuesday ,06 February

Skincare PR Performance Full Year 2017

GMT 14:26 2017 Thursday ,13 July

Athletics: Mo Farah 'sick' of doping allegations

GMT 13:09 2017 Thursday ,27 July

India is the toughest place in the world

GMT 11:45 2017 Sunday ,12 February

4 things to support your heart health

GMT 16:33 2015 Friday ,10 July

Paramount Pictures and AMC announce new deal

GMT 01:51 2014 Friday ,20 June

Boris, Blair and Iraq
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice