Why Doesn’t Starbucks Have a Serious Competitor in China? (Video)

I’ve been asking this question for like two years. And nobody seems to have an answer. Starbucks is doing fantastic in China. They have tons of stores and are apparently very profitable. And for some reason, they don’t have a major competitor. They have somehow avoided the brutal competitive knife fight we see in industry […]

Starbucks Big Success in China Has Been Surprisingly Painless

Multinationals and entrepreneurs come to China dreaming of 1.3B consumers. But what they actually encounter is a sea of ruthless competitors and pervasive political challenges and complications. It’s a ferocious market and most fail. A rare few fight their way through, ultimately arriving bloodied at a certain level of success, or at least a viable […]