Beijing Scared of US actions, Chinese President Xi Chinfing has written to Starbucks CEO Howard Shultes to help improve relations between the two countries. Relations between the two countries have deteriorated over tariff war, technology piracy and security issues. Starbucks is an international chain of coffee outlets. Schultes was not only the CEO of Starbucks until 2017, but also its chairman until 2018.
Shults said- Starbucks has more than 4,700 outlets and 58,000 employees in China
Shultes established the largest market in China outside of the US during his tenure as well. Starbucks has more than 4,700 outlets and 58,000 employees in 190 cities in China. Shultes opened the first Starbucks outlet in China in 1999. Shultes said in the year 2019 that he was planning to nominate for the post of President as an Independent. However, he later retreated.
China wrote to Shultes seeking help to improve relations with America
According to the Xinhua news agency, this is the first time that the Chinese supreme leader has treated any such communication with a foreign business leader. Xi wrote to Shultes, “He has been playing an active role in promoting American-China relations, developing economic and bilateral relations.” No original text associated with the letter has been released. Xinhua has also not given any indication as to whether China will initiate assistance from the US corporate leader to change US policy after Joe Biden becomes president.
Biden will try to improve relations with Beijing
Economists and political analysts say Biden will try to improve relations with Beijing. However, this is expected to change, given China’s human rights record and technology theft charges. The Cabinet Press Office has not responded to what Xi wants from former Starbucks CEO Shults.