International fashion and luxury groups are opening coffee shops in major Chinese cities, entering an intensely competitive ...

Both domestic and international coffee chains are feeling the impact, with Starbucks emerging as one of the biggest losers. The chain, once synonymous with coffee in China, fell to 14 per cent of ...

China has become a global coffee industry powerhouse, despite grappling with numerous economic problems in recent years. Earlier this year, Starbucks poured more than $200 million into a new ...

Citing customs data, Xinhua said: “China’s net coffee imports increased by 130,800 tonnes from 2020-2024, representing 6.53-fold growth, with an average annual compound growth rate of 65.7 per ...

China’s strict Covid-19 lockdowns are hurting consumer spending for everything from coffee to sneakers and hotels, weighing on multinationals with a big presence in the country and blunting the ...

As of the end of 2024, Red Star operated 77 shopping malls in its own portfolio, managed another 257 shopping malls, and held other business interests in a total of more than 200 cities in 30 ...

Previously owned and operated by Pavilion REIT, Da Men Mall is now being rebranded with a brand new name: Easyhome Mall. A ...