China's 'nascent and growing coffee culture' is a massive opportunity for Starbucks (SBUX)

Reuters/Jason Lee Starbucks has been ambitiousabout its expansion plans inChina. The company says it willdouble its number of stores in the country by 2021.And the enthusiasm was palpable whenStarbucks CEO Howard Schultz spoke toBusiness Insiderlast year. "I am quite convinced that, over time, China will be larger than the US and larger than any market we have in the world," Schultz said. According to a recent reportby UBS analystsDennis Geiger andLauren Silberman, the coffee giantmay well be ri...