Starbucks China, meanwhile, may be worth several billion dollars, Bloomberg reported in May, citing sources. Its same-store sales have at least leveled off recently, halting the earlier slump. And ...

Luckin Coffee teams up with Kweichow Moutai making an iconic flavored coffee. [Photo/VCG] BEIJING -- The market value of China's new-style tea drinks is likely to surpass 200 billion yuan ($27.88 ...

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