Starbucks remains a big winner in China even if a domestic rival sells more coffee there

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An employee services in a Starbucks coffee truck at Wuhan International Plaza on October 6, 2022 in Wuhan, Hubei province, China.

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Starbucks (SBUX) losing its coffee crown in China to a domestic rival does not diminish the opportunity that the American company has in the world’s second-largest economy.

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