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Starbucks recently announced that it's looking to sell part of its stake in its China operations, and is looking for a domestic partner to help boost the company's profile. This comes at a time when a host of foreign firms are seemingly struggling in China after years of riding the wave of the rising middle class. What are the main factors leading to these struggles? What are these brands missing? And what can they do to reverse their fortunes?
Chapters
(00:00) Introduction - The Starbucks Story
(05:45) Changes in the Chinese consumer market
(09:00) Foreign brands history in China
(20:15) Localisation and the sinking market in China
(30:45) Chinese brands go global
Buy me a coffee: https://www.buymeacoffee.com/sinobabblepod
Latest Substack post: https://sinobabble.substack.com/p/chinas-rise-was-planned?r=bgkuv
Links to everything: https://linktree.com/sinobabble
Support the show
Sign up for Buzzsprout to launch your podcasting journey: https://www.buzzsprout.com/?referrer_id=162442
Subscribe to the Sinobabble Newsletter: https://sinobabble.substack.com/
Support Sinobabble on Buy me a Coffee: https://www.buymeacoffee.com/Sinobabblepod
By Edi Obiakpani4.7
1313 ratings
Starbucks recently announced that it's looking to sell part of its stake in its China operations, and is looking for a domestic partner to help boost the company's profile. This comes at a time when a host of foreign firms are seemingly struggling in China after years of riding the wave of the rising middle class. What are the main factors leading to these struggles? What are these brands missing? And what can they do to reverse their fortunes?
Chapters
(00:00) Introduction - The Starbucks Story
(05:45) Changes in the Chinese consumer market
(09:00) Foreign brands history in China
(20:15) Localisation and the sinking market in China
(30:45) Chinese brands go global
Buy me a coffee: https://www.buymeacoffee.com/sinobabblepod
Latest Substack post: https://sinobabble.substack.com/p/chinas-rise-was-planned?r=bgkuv
Links to everything: https://linktree.com/sinobabble
Support the show
Sign up for Buzzsprout to launch your podcasting journey: https://www.buzzsprout.com/?referrer_id=162442
Subscribe to the Sinobabble Newsletter: https://sinobabble.substack.com/
Support Sinobabble on Buy me a Coffee: https://www.buymeacoffee.com/Sinobabblepod

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