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Starbucks’ first-quarter net profit dropped by nearly 30% but is bullish on the Chinese market

Affected by the global epidemic, the Chinese market has become a “life-saving straw” for Starbucks (SBUX.US). On January 27, Starbucks, the world’s largest coffee chain company, released a performance report for the first fiscal quarter of 2021 (October 2020-December 2020).

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