Starbucks' *Grande* Plans In China, Wealthy Russians' Comeback, Mastercard & Xi

Starbucks' *Grande* Plans In China, Wealthy Russians' Comeback, Mastercard & Xi

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COFFEE

Kunshan, Grande! What Starbucks Has Brewing For China's Burgeoning Coffee Market

Customers at a Starbucks branch in Shenzhen, China.

A gigantic and multi-faceted new location near Shanghai epitomizes the American giant's ambition to quench China's growing but still-nascent thirst for coffee.

Article by?Frédéric Schaeffer | Read more >


REAL ESTATE

Wealthy Russians Are Back To Buying Real Estate In Europe — Sanctions Be Damned

Villas in Benahavis, Spain, a country that has enticed Russians with a so-called "golden visa" program.

After the start of the war in Ukraine, Russian oligarchs and other rich individuals turned to the real estate markets in Dubai and Turkey. Now Russian buyers are back in Europe. Three EU countries in particular are attracting buyers for their controversial "golden visa" program.

Article by?Eduard Steiner | Read more >


CHINESE ECONOMY

How A Xi Jinping Dinner In San Francisco May Have Sealed Mastercard's Arrival In China

Mastercard has just been granted a bank card clearing license in China.

The credit giant becomes only the second player after American Express to be allowed to set up a bank card-clearing RMB operation in mainland China.

Article by?Liu Qianshan | Read more >


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