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Consumer climate

News | Consumption

China business: Starbucks sells majority stake to Boyu Capital

The US coffee chain is divesting control of its most important foreign business: Boyu Capital is acquiring a majority stake in Starbucks China for around USD 4 billion. The store network is to be adapted more closely to local consumer habits.

By Fabian Peltsch

Interview | Society

'If you don't want to do the job, ten others are standing by'

Hu Anyan delivered parcels and wrote a book about China's working reality, which will be available in German in a few weeks. In this interview, he talks about exploitation, the lack of respect for simple jobs – and why it is becoming more difficult to achieve professional fulfillment in China.

By Fabian Peltsch