All the BKT towkays should band together now. Especially the smaller independent ones that are not Song Fa.
Things will not improve as long as the Tiong tourists aren't arriving in large numbers like in the good old days. Back then I always saw busloads of them swarming the Song Fa restaurant at New Bridge Road, most likely an arrangement with tour groups.
And for those who have invested in China... prepare to get burnt badly.