Monday, Jul. 14, 1986
Business Notes Entrepreneurs
No matter what Americans may think, the citizens of China do not munch on fortune cookies and routinely send their shirts to "Chinese laundries." These innovations were popularized in the U.S. by Chinese immigrants.
But a Chinese laundry--more precisely, an American-style laundry-dry cleaning shop--will soon open in the People's Republic. Fred P.C. Chao, 66, a Chinese-born owner of Korakleen, a small San Francisco-based cleaning chain, says that his company will establish a combination Laundromat and dry cleaner this September in Tianjin, China. A coastal city located about 80 miles east of Peking, Tianjin was Chao's hometown. If his first store proves successful, ^ he hopes to open between ten and 100 more throughout the world's most populous country. Easy on the starch, please.