Analysis-Starbucks' Bet on Local Expertise Could Help It Regain Ground in China

By Casey Hall and Sophie Yu SHANGHAI/BEIJING (Reuters) -Starbucks’ decision on Monday to sell up to 60% of its China business to local private equity firm Boyu Capital could help the hard-pressed brand regain ground in one of the world’s fastest-growing coffee markets. By pulling in Boyu, the U.S.

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