China’s rapidly growing coffee consumption is spurring cutthroat competition between local and foreign chains, which are opening shops at breakneck speed, overtaking the number of outlets in the US.
China s new thirst for coffee spurs cut-throat cafe competition By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
China s New Thirst for Coffee Spurs Cut-Throat Cafe Competition usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign coffee chains that have opened thousands of branded shops in recent months and surpassed.
SHANGHAI Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign coffee chains that have opened thousands of branded shops in recent months and surpassed the number of coffee stores in the United States. Analysts expect China's growing thirst for coffee to be a key driver of future demand for the beans as coffee shops expand.