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China’s Xi asks Starbucks’ Schultz to help promote U.S.-China cooperation – state media By Reuters

SHANGHAI (Reuters) – Chinese President Xi Jinping encouraged Starbucks (NASDAQ:SBUX)’ former chairman Howard Schultz and the coffee company to play an active role in promoting U.S.-China trade cooperation and bilateral ties, state media reported on Thursday.

State broadcaster CCTV said Xi made the remarks in a message when replying to Schultz, who also holds the honorary title of Starbucks’ chairman emeritus.

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