BEIJING – Starbucks will lower prices of some iced drinks by an average of 5 yuan ($0.70) in China, the company said in a post published on its Weixin social media account on Monday.

The U.S. coffee chain said it would create a “whole-day” service scenario, focusing more on the afternoon with the products whose prices are more “accessible” from Tuesday.

($1 = 7.1870 Chinese yuan renminbi)

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