Starbucks in China: Will it lose the battle against Luckin Coffee?
Starbucks’s history began in 1971 with its first store opened in Seattle. Since then, the chain has continuously developed and, as of 2023, it has over 32,000 stores in 80 countries. In China, it opened its first store in Beijing, which was also the first ever foreign coffee shop to enter China. It grew so popular that, […]
The Coffee bean market in China: Where does China import beans from?
More than 50 countries produce coffee, and about one-third of the world’s people drink it. Currently coffee is becoming popular in the Chinese beverage market. With the improvement of living standards and the growing awareness of coffee culture, coffee bean market in China is on the rise. The demand for premium coffee beans has increased in […]