Starbucks says Tingyi to make Starbucks drink products in China
SEATTLE (Reuters) - Starbucks Corp (SBUX.O: Quote) said on Wednesday it signed an agreement with Tingyi Holding Corp 0322.HK for the Chinese food and drink maker to produce and expand the distribution of Starbucks ready-to-drink products in mainland China.
The deal was announced at Starbucks' annual shareholder meeting in Seattle.
(Reporting by Bill Rigby)
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