Starbucks in China to Grow


Yes, the article says the average drinker in China is 3 cups a year. Plenty of space for growth, but imagine in the countryside in a country that’s gigantic, have they even seen coffee or heart of it? Yet there’s 500 shops in China and growing. Is it? Does Starbucks cater to the 1% or less in China with enough money to pay for a drink that’s considered luxurious? Yes and that’s what they’re doing since that’s the only people who’ll pay for expensive and mediocre coffee. (WSJ – China)


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