Starbucks once seemed unstoppable in China. Its US owner is now giving up control
- Posted on November 5, 2025
- By CNN
- 1 Views
Starbucks once seemed unstoppable in China. Its US owner is now giving up control
Nearly three decades ago, Starbucks opened its first outlet in China with much fanfare. But its American owners are now relinquishing control as it faces a myriad of challenges in an increasingly competitive beverage market.
