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Starbucks, Luckin get buzz from smaller-city coffee sales in China

As coffee chains in China struggle with a bitter combination of sluggish consumption and cutthroat pricing, Starbucks and Luckin Coffee…

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New Business

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

China’s coffee market is booming as aggressive expansion and price competition make the drink more accessible to the masses while…

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