Starsbucks and a Chinese company do business together.
Starbucks, an American company, has various restaurants around the world.
In China, Starbucks does not really sell too well.
Chinese people often go to a cheaper alternative to buy coffee.
Starbucks has decided to make a new company together with a Chinese company.
In addition, Starbucks’s Chinese company sells 60% stock, and receives around 616 Billion Yen.
Starbucks holds 40% of the stock in the new company.
Finally, Starbucks allows them to use their name and logo.
Starbucks does business together with a Chinese company, and they are thinking about how to increase sales.
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