[Post 1050] Coffee's Rise In China: How Homegrown Chains Are Driving Growth, Price Wars | CNA Correspondent
Summary
From being called ‘cough syrup’ to being savoured like fine tea, coffee has come a long way in China. The rise of the Chinese coffee industry mirrors the nation’s own transformation – from opening its doors to foreign brands to setting the pace for them. Today, as homegrown chains surge ahead, even global giants like Starbucks are turning to local partners. CNA Correspondent traces this journey – from China’s first attempts to sell coffee to the high cafe density of Shanghai – to explore the demand and supply forces driving a fast-growing yet fiercely competitive industry.
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