A Weibo post by blogger Liji alleged Chinese restaurant chain Xibei will collapse within 2–3 months, with founder Jia Guolong to assume most debts, relinquish shares, leave about 100 profitable outlets to employee operation, and attempt to preserve 3,000–4,000 livelihoods; the post said over 200 stores have closed and more than 10,000 staff displaced. Xibei customer service responded that all outlets nationwide are operating normally, the company will continue to maintain product and service sta

A Weibo post by blogger Liji alleged Chinese restaurant chain Xibei will collapse within 2–3 months, with founder Jia Guolong to assume most debts, relinquish shares, leave about 100 profitable outlets to employee operation, and attempt to preserve 3,000–4,000 livelihoods; the post said over 200 stores have closed and more than 10,000 staff displaced. Xibei customer service responded that all outlets nationwide are operating normally, the company will continue to maintain product and service standards, and urged the public to treat online reports rationally.