China Tells Luckin: Stop Starving Starbucks or Else
On a Broadway-level stage in New York this Tuesday, China’s Commerce Minister Wang Wentao played referee to over 10 Chinese companies — including Starbucks nemesis Luckin Coffee and Temu — urging them to squash the 'externalization of involution' aka savage price wars. Beijing’s tired of retail gladiator fights that have already tanked their mattress-economy at home, where everybody’s lived off 1 yuan bubble tea deals and exorcised those 30-minute food deliveries. With US-China trade vibes already shakier than your grandma’s wifi, Wang begged the Chinese business squad to 'respond proactively,' avoid becoming the Walmart of global protests, and keep the coffee discounts legal and chill.
Share the Story
When your government stages an intervention for coffee discounts, you know Luckin isn’t just stealing Starbucks’ lunch, they’re trying to snatch their entire wallet. China says 'chill' but Luckin’s like 'hold my promo code.'
China’s telling its own companies in the US: stop breaking wallets with price wars before America declares emotional bankruptcy. Notices to Luckin, Temu, and Miniso to stop making value look so nasty.
Imagine your mom walking in just as you open every coupon and discount app at once. That’s Chinese Commerce Minister Wang telling companies like Luckin to stop turning the US market into the wild west of cheapest latte fights.
Source: Businessinsider | Published: 9/25/2025 | Author: Huileng Tan
More Articles in Business
Salesforce AI Flops, Google Car-Dwellers & Senior Homebuyers Take Over
KPMG’s 450K Sq.Ft NYC HQ: Employee Feedback or Round Table Cult?
Rivian CEO’s $4.6B Stock Option: Billionaire or Billion Procrastinator?
DoorDash Execs Fail at Delivery, Beta-Test Their Own Chaos
Parenting & Two Jobs: Health Writer Floors Architectural Chaos!
