The Traderszone Network

Published in TZ Latest News 7 May, 2016 by The TZ Newswire Staff

What China’s Slowing Economic Growth Means for Starbucks

Starbucks (NASDAQ: SBUX) has placed a big bet on the Chinese market.

While other companies manufacture in China or sell their products there, the coffee chain has a large and fast-growing physical presence in the country. In fact, CEO Howard Schultz said in a January 2016 interview with The Wall Street Journal that the chain, which already has 2,000 stores in the market, would add another 500 each year for the next five years.

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