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Chinese TV Attacks Starbucks For Excessive Prices

Chinese TV Attacks Starbucks For Excessive Prices

(Beijing) -- Starbucks is under attack by the Chinese media for its prices.

A 20-minute report on China's government controlled television claims the coffee chain charges as much as 50-percent more for some of its products there than in the U.S., Britain, or India.

Starbucks acknowledged the report but said its prices vary by market because of differences in cost factors like infrastructure, labor, and real estate.

 

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