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  1. Business - Companies - COFFEE

    Nestle grows China coffee investment

    Posted Apr 08th 2013, 11:26am by Doug Young

    ... commitment looks remarkably similar to another big announcement nearly two years ago from Starbucks (NYSE: SBUX), one of the coffee industry's other major boosters and a big investor in China. That move saw Starbucks set up a joint venture to process, purchase and export locally grown arabica coffee beans from Yunnan. That announcement followed an earlier commitment by Starbucks to work ...

    http://www.scmp.com/business/companies/article/1209822/nestle-grows-china-coffee-investment

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