In the following video, Motley Fool contributor John Reeves discusses the recent results of Starbucks in China. The company has been able to grow its business tremendously there, and John thinks this is a big part of the long-term investing thesis for Starbucks. On the recent conference call, CEO Howard Schultz noted that the company is on track for China to become its second largest market outside the U.S. by 2014. John is excited by this long-term trend.
The article A Chinese Investment That's Working Beautifully originally appeared on Fool.com.John Reeves owns shares of Apple and Starbucks. The Motley Fool recommends and owns shares of Apple, McDonald's, and Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.