TOKYO -- Starbucks has set out ambitious expansion plans for China, announcing on May 16 that it aims to nearly double the number of coffee shops there to 6,000 by 2022.
The Seattle-based coffee shop chain believes there is ample room for growth in the country's smaller and midsize cities, as consumer tastes become more westernized. Even as trade tensions rise with the U.S., China appears to present opportunities for the company to press ahead with its growth strategy.
