Starbucks ramping up its expansion in China

598 views · Published 15 January 2016 · 3:27 · Indexed 14 November 2026

Channel: CGTN Africa · 2016 · News & Politics

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China's foreign direct investment grew by a slower rate in 2015, but there was a rapid change in the investment mix. We saw service investments far outpacing that of manufacturing. In support of this, the world's biggest coffee chain, Starbucks is ramping up its China expansion, with 500 new stores planned per year.

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