Starbucks says it is not currently considering a full sale of its China operations

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U.S. cafe chain Starbucks

said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it obtained the information.

Starbucks has held preliminary talks with more than a dozen potential buyers, Caixin also reported on Monday, citing sources who did not specify what was for sale.

“I can confirm Starbucks is not currently considering a full sale of its China operations,” a company spokesperson said in a statement.