Coffee

Starbucks To Raise Prices By Up To 30 Cents

Published on Jul 6, 2016 Starbucks (SBUX, quote) coffee chain plans to implement a price hike at its stores starting July 12.

Chinese are drinking more coffee

A Chinese person drinks on average five cups of coffee a year. In a small town of south China’s Hainan province, this rises to 200 a year.  The figure, which is comparable to the world’s average of 240 cups, has impressed international coffee dealers who are seeking to take a share of the market in China.