Investment firms are lining up to buy Starbucks’ biz in China, where the coffee giant is competing with local faves like Luckin Coffee. Carlyle Group and EQT, plus China’s own HongShan Capital Group and Boyu Capital, are preparing final bids that could be squared away by the end of next month, Reuters reported. Starbucks is said to be entertaining bids from about 10 would-be buyers that value its Chinese operations at up to $5 billion. The Seattle company plans to hang onto a sizable stake in the country, ...