IN THE NEWS

Wall Street Journal|Sep 04, 2013

Chart: The Extra-Caffeinated Cost of a Starbucks Latte in China

SHANGHAI, September 4th, 2013 - An increasing number of Chinese consumers have realized that they are paying significantly more than their wealthier Western counterparts for a variety of products, ranging from luxury items to baby formula, and a cup of coffee is no exception.

SmithStreet depict what goes into the extra-caffeinated cost of a Starbucks grande latte in China, providing a better understanding of "China Price".

It actually costs nearly $1 more than in the U.S. This is notable given that the average per capita income in China is around $7,500, compared to more than $42,500 in the U.S.


To read the full article, please see here.



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