China’s biggest coffee brand, Luckin Coffee, with its shady financial history, has taken over Starbucks in China and is now making its move to open stores in the US with super cheap prices. So how did Luckin push Starbucks off the top throne of China’s coffee industry and could they do the same thing in the USA? And do Chinese people actually drink coffee when they have traditionally been a tea-drinking nation for thousands of years?
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