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Flush with cash from Nestle, Starbucks unveils an ambitious China plan
 

Flush with cash from Nestle, Starbucks unveils an ambitious China plan

Flush with cash from Nestle, Starbucks unveils an ambitious China plan Starbucks unveiled a bold plan to more than triple revenue in China over the next five years, at a time when other American corporates worry that simmering trade tensions may disrupt their businesses in the world's second-largest economy.Starbucks plans to weather trade tensions by focusing on its Chinese employees and customer base, Chief Executive Officer Kevin Johnson said in an interview in Shanghai on Tuesday. The coffee giant laid out plans to compete with KFC in the race to become China's... read more

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