Sino-File

No need to smell the coffee, yet

“We haven’t seen any impact from the geopolitical situation between the US and China, but we’re not immune”

Kevin-Johnson-w

Playing the long game

Starbucks CEO Kevin Johnson added in an interview with CNBC that “we have built Starbucks in China for China” and “we’re playing the long game”. Earlier this month the coffee giant raised prices in China for the first time in two and a half years, blaming the move on an increase in rental and labour costs.


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