Chinese coffee shop chain operator C.straits Cafe has secured a combined US$30 million in expansion capital from Goldman Sachs and Chinese private equity firm Whitesun Equity Partners, Reuters reported. The Hangzhou-based chain plans to more than double the number of its coffee shops from 400 to 1,000, the Chinese company said Monday, including outlets in more than 20 high-end hotels owned by New Century Hotels & Resorts. A C.straits spokesman declined to disclose how ...