6
Starbucks lowers prices in China to make drinks more ‘accessible’
While China is Starbucks’ second-largest market after the US, the coffee market is highly competitive and consumers have become more cautious about spending because of the slowing economy and concerns about job security
A barista serves coffee at a Starbucks flagship store in Beijing, China. File image/ Reuters
Discover more from Now World View
Subscribe to get the latest posts sent to your email.