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Starbucks Restructures China OperationsGlobal coffee giant Starbucks has announced plans to sell control of its China business, marking one of the biggest strategic shifts in the company’s history. The decision comes amid growing economic headwinds, rising competition from local brands like Luckin Coffee, and China’s evolving consumer trends.With China being Starbucks’ second-largest market after the U.S., this move raises questions about the future of Western brands in Asia’s fast-changing retail environment. Experts suggest the sale may indicate a broader trend of foreign companies rethinking China exposure amid regulatory uncertainty and slowing growth.Stay tuned for detailed analysis, market reactions, and what this means for global investors.
