China adds 12,000 coffee shops as thirst among masses grows, Starbucks suffers

A presidential endorsement increases thirst for the drink while aggressive expansion and price competition make it more accessible.

May 3, 2025 - 20:15
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China adds 12,000 coffee shops as thirst among masses grows, Starbucks suffers
A presidential endorsement increases thirst for the drink while aggressive expansion and price competition make it more accessible.

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