Starbucks exploring sale of stake in China business

U.S. chain says it is eyeing 'strategic partnerships' under new CEO

20241121 starbucks china

A Starbucks in Shanghai. The company is reportedly considering selling a stake in the Chinese operations. (Photo by Wataru Suzuki) © Reuters

WATARU SUZUKI, Nikkei staff writer

SHANGHAI -- Starbucks on Thursday said it is considering "strategic partnerships" in China, after a report that it is looking at selling a stake in the Chinese operations.

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