Howard Schultz meets with top official in Shanghai

|By:, SA News Editor

Starbucks (SBUX +0.9%) CEO Howard Schultz met in Shanghai today with local Party Secretary Han Zheng in a display of partnership.

Shanghai is the site of the company's first international roastery.

Starbucks has a target of 5K stores in China before 2021.

Previously: Starbucks to further ramp up Chinese ops, names division CEO (Oct. 19)

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