date:Oct 15, 2013
p of coffee would only be pennies more with added transportation fees and tariffs.
In fact, the price of coffee beans has been going down worldwide for years. The price of coffee beans now is 30 percent less than it was in 2011. But Starbucks made two consecutive price hikes last year in China, with an increase of three to four yuan more for each cup of coffee, Wang added.
There is also a huge gap in average income between China and the US, so labor costs would be far lower in China than in Am