The Incredible China Story
Apr 30th 2012 2:01PM
Updated Apr 30th 2012 2:02PM
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and analyst Jim Mueller discuss topics across the investing world.
We've discovered during this quarter that a lot of companies are generating a lot of sales from China. Apple reported that iPhone sales increased fivefold over the past quarter in China, while Starbucks reported that growth there is reminiscent of U.S. growth in the 1990s. And, of course, other U.S. companies like Yum! Brands and Nike are also doing a lot of business over there. John is very intrigued by this big global trend, and is particularly excited by the long-term prospects of Starbucks in China.
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At the time this article was published Jim Mueller owns shares of Apple and Starbucks. John Reeves owns shares of Apple. The Motley Fool owns shares of Apple and Starbucks. Motley Fool newsletter services recommend Apple, McDonald's, Nike, Starbucks, and Yum! Brands. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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