CHINA: Starbucks reveals expansion plans for southern China and Macau
Following its successful entry into Hong Kong in May 2000, Starbucks Coffee International, a wholly owned subsidiary of Seattle-based Starbucks Coffee Co and its Hong Kong partner, Maxim's Caterers Limited, has announces details of its proposed expansion into Southern China and Macau. The Southern China Starbucks stores will be developed and operated by Coffee Concepts (Southern China) Ltd, a new joint venture that has been formed by Mei-Xin (Int) Ltd of the Maxim's Group and Starbucks Coffee International. The JV will open its first store toward the end of 2002. Starbucks stores in Macau are due to open mid year and will be operated by Coffee Concepts (Hong Kong) Ltd.
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