Starbucks Prices Are as Plain as Black Coffee
Starbucks has been under fire recently over its prices. State media says the international coffee chain has been ripping off China's coffee drinkers.
Under the Price Law and related regulations, if the price of a product is higher than the market price for similar products, then a company can be punished for illegal profiting. However, the high-end coffee market in the country is not perfectly competitive, so it is unclear whether Starbucks has violated the law.
- Caixin Suing Guo Wengui and Hong Kong Media
- The Euro Currency Pain Will Remain for Chinese Exporters
- Caixin Media Statement
- Making an Exit
- New Property Policies Give Boost to Main Stock Indexes
- Rhodes Scholar Program to Pick Chinese Recipients for First Time
- Caixin Pledges to Defend Hu Shuli's Reputation
- The Week in Photos: March 21-27
- Central Gov't Indicates Developers Can Build Bigger Homes
- Military-Linked Hospital Allows Fake Doctor to Practice
- Sign up to receive our free daily newsletter
- Kissinger: China, U.S. Must 'Lead in Cooperation'
- Yuan and Gold: Old Enemies Should Finally Become Friends
- Tycoon Said to Bring Down a Deputy Mayor, Control Key Beijing Land Deal
- Saudi Aramco's Supply to China Potentially Doubling
- Reinventing the Bicycle in Beijing
- Confucius and the World He Created
- Who Is Prince Qing?
- Sinophobia: Anxiety, Violence, and the Making of Mongolian Identity
- Ex-Police Chief Held for Murder Said to Be Linked to Graft Case
- Shrewd Smiles as Online Bankers Test New Tech