Alegra Group News Today

Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign coffee chains.

Analysts expect Chinas growing thirst for coffee to be a key driver of future demand for the beans as coffee shops expand beyond Beijing and Shanghai to dozens of mid-sized cities where young professionals have warmed to the beverage.

SHANGHAI: Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign...

China’s rapidly growing coffee consumption is spurring cutthroat competition between local and foreign chains, which are opening shops at breakneck speed, overtaking the number of outlets in the US.

Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign coffee chains that have opened thousands of branded shops in recent months and surpassed...

SHANGHAI — Chinese coffee consumption is growing quickly, spurring cut-throat competition between local and foreign coffee chains that have opened thousands of branded shops in recent months and surpassed the number of coffee stores in the United States. Analysts expect China's growing thirst for coffee to be a key driver of future demand for the beans as coffee shops expand...