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International Business Times
International Business Times
Business
Ann Resuma

Starbucks Explores Selling Shares In China Business Amid Growth Plans: Report

Starbucks is currently weighing its options regarding its Chinese operations and considering the possibility of selling shares in the business to a local partner, according to a report.

The international coffee chain, which has been experiencing declining demand for its beverages in key markets like the U.S. and China, has been in discussions with advisers to consider bringing a local partner on board, Bloomberg reported, citing people in knowledge of the matter. '

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