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Starbucks vs Chinese coffee chains
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Quiz: Which Asian country has the most branded coffee shops?
This Asian country has nearly 50,000 branded coffee shops in 2023, according to World Coffee Portal.
Starbucks faces growth hurdles in China amid local brands’ rapid expansion
U.S. coffee chain Starbucks is struggling to grow in China where local competitors have been expanding fast, beating it in both number of stores and revenues.