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![ShanghaiMacro Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1516578808924569603.png) Shanghai Macro Strategist [@ShanghaiMacro](/creator/twitter/ShanghaiMacro) on x 52.5K followers
Created: 2025-07-15 03:22:37 UTC

This is the result of Beijing’s renewed enforcement of the Eight-Point Regulation, which has cast a chilling effect over the restaurant industry, as government employees now avoid dining out altogether for fear of being accused of bureaucratic extravagance.

![](https://pbs.twimg.com/media/Gv3irbbWkAALdqE.png)

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[Post Link](https://x.com/ShanghaiMacro/status/1944960768132440166)