Foreign coffee chains take fresh crack at China via new cities, formats
--------------------------------------------------------------------
Source: Nikkei Asia
Published: 2026-04-29 12:58 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, China, Food & Agriculture, Business & Economy, Asia Pacific
--------------------------------------------------------------------
Snippet:
Peet's Coffee, a chain from California, brings in about 50 yuan per customer in China, where cafes selling brews for just 9.9 yuan have proliferated. (Photo by Wataru Suzuki)
--------------------------------------------------------------------