China expected to boost world coffee consumption
China, a traditional tea consumer, occupies a prominent place in the strategy of the International Coffee Organization (ICO) to boost world coffee demand, ICO Executive Director Nestor Osorio said Monday in Salvador.
Though the consumption of coffee in China is small, it already has reported an annual 15-percent increase, well above the 2-percent growth in the world, said Osorio at a press conference here.
He said China's opening up has made the potential of the coffee market evident.
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posted by Robert @ 9/27/2005
1 Comments
1 Comments:
Interesting. It will be interesting to see how they react to Starbucks. I would assumie **$$ would go over well there.
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