New tea businesses bubble up toward a boom - Strong demand pushes numerous brands to expand


Popular choice: A bubble tea store in Shanghai. Last year, 12,421 new tea-related companies were established in China. — Bloomberg

Beijing: With China fully unleashing the vitality of its consumption sector, businesses offering hundreds of new-age teas are fast evolving toward a boom.

Zhang Shuai, head of a franchised milk tea store in Cangzhou, Hebei province, said the fourth-tier city is already home to a bunch of milk-tea brands.

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China , tea , beverage , consumer

   

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