COFFEE CURES ALL: Starbucks Asked To Help Mend US-China Ties

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President Xi Jinping called on Starbucks Corp. to help improve China-U.S. ties, striking a business-friendly tone as the Biden administration prepares to take over in Washington.

“I hope Starbucks will make active efforts to promote China-U.S. economic and trade cooperation and the development of bilateral relations,” Xi said in reply to a letter from Chairman Emeritus Howard Schultz. Xi’s letter was dated Jan. 6 and published Thursday by the official Xinhua News Agency.

“China has embarked on a new journey of comprehensively building a modern socialist country, which will provide a broader space for companies from all over the world, including Starbucks and other American companies, to develop in China,” Xi wrote.

Chinese leaders have often tried to utilize ties with U.S. business leaders to improve U.S.-China relations, and have repeatedly stressed the role of commerce as a stabilizer in bilateral ties. Relations between the two countries have worsened over the four years of the Trump presidency, a major challenge for President-elect Joe Biden.

Read more at NEWSMAX.

{Matzav.com}

2 COMMENTS

  1. Over Shabbos I heard an amazing story. I wish someone can confirm or refute it.
    In the early 1930s two Shternbuch brothers came to the states to see if they can develop life here. Reb Osher absolutely refused to stay after he saw what’s going on and nothing would convince him. He went back only to face WWII. He abd his family survived and all his children went on to become great. The other brother was never heard from again and it is thought that his family started the Starbucks company.
    Has anyone heard of this? Can someone confirm or refute it?

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