Friday, October 16, 2026

GRANT NEWSHAM: Starbucks USA no longer controls Starbucks China -- so no surprise Starbucks is setting up in Xinjiang. A huge embarrassment for the supposedly socially conscious brand. The moral of the story? Stay out of China.

Starbucks learned the lesson all foreign firms that go into China learn -- your days are numbered. Starbucks USA no longer controls Starbucks China -- so no surprise Starbucks is setting up in Xinjiang. A huge embarrassment for the supposedly socially conscious brand. The moral of the story? Stay out of China.

 

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