Veytics Intelligence
2026-10-05 · CNBC

CNBC's The China Connection newsletter: Starbucks enters Xinjiang in calculated geopolitical risk

Hi, this is Anniek, writing to you from Singapore. Welcome to the latest edition of The China Connection — a snapshot of what I'm seeing and hearing from local businesses. Starbucks struck one of Asia's most closely watched deals last year, selling a majority stake in its China business to a local private-equity firm. Now it is getting headaches at home over choices made by a partner that increasingly leans toward Beijing's priorities. Starbucks Corp has taken its green apron to Xinjiang, a region where Western governments accuse Beijing of widespread human-rights abuses and where the U.S. restricts imports over forced-labor concerns.

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