chain

Under the agreement, the world's biggest coffee chain will have a 40% stake in the Chinese retail operation and retain ownership of the Starbucks brand there.

The company on Monday recorded lower profit in the third quarter, as same-store sales in its core restaurant chain fell 2.9%.

The Seattle chain was an early entrant to China’s burgeoning consumer market, opening its first cafe in the country in 1999.

China has long dominated the supply chain, from mining to processing.

"Because the Chinese power grid is so reliant on coal for power, emissions throughout the entire tissue supply chain are higher than what we saw with the wood-based option."