The content originally appeared on: CNN In the three months ending on July 3, sales at Starbucks' Chinese locations open at least 13 months dropped 44%. 'China faced its most severe COVID disruption since the onset of the pandemic,' in the quarter, said Belinda Wong, chairman of Starbucks China, during a Tuesday analyst call discussing the results. 'Mobility restrictions and lockdowns were implemented faster and eased more slowly under China's zero-Covid policy,' she said, adding that Shanghai, Starbucks' largest market, […]
