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Starbucks sees China as its Future

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• published: 07 Nov 2016
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http://illuminatisilver.com http://facebook.com/illuminatisilver Starbucks sees China as its Future Today is Monday 7th November 2016 and we are looking at Starbucks announcement last Friday about its future growth lying predominantly with China. Starbucks announced that it had made an operating income of almost $4.2bn for the year ending 2nd October 2016, up 16% on the previous year. That was mainly down to a strong showing by its largest market, the Americas, where net sales rose 11%. However, in the fourth quarter of its financial year, global sales at existing stores rose by only 4% almost 1% lower than analysts expected. The fastest growth level was achieved in the China and Asia Pacific region, an increase of 23% for the year. Starbucks boss Howard Schultz said its Chinese stores were the most efficient and lucrative and that expansion in China will secure its future for "decades to come", especially as Starbucks plans to more than double its stores in China to 5,000 by 2021. It currently operates 25,085 stores in 75 countries worldwide, with 690 new ones having opened in the last quarter. An additional 2,500 stores in China will fundamentally change the company’s focus especially as it is experiencing headwinds in the West where an increasing number of ‘shop at home’ consumers avoid visiting their coffee houses. A host of other Companies also see China as their gateway to the future. Amazon for example have developed trade links with China which is witnessing dozens of factories opening on a weekly basis enabling the Chinese to sell directly to Western consumers via Amazon and there are numerous similar examples. Why do we raise this we hear you ask? Well, we want each of our listeners to fully appreciate and not underestimate the importance of China both to our economic, and trade systems. With China more or less on target to achieving its annual GDP growth rate of 6.7% and likely to continue with similar rates for a few years to come, the West in particular, is relying on China for future growth. If this, for any reason were to be disrupted due to a financial crisis for example, then if one thinks times are hard now, in a couple of years one may look back and think that these were truly halcyon days. Please view our latest videos: How long does it take to read 650,000 emails? https://youtu.be/Rk3RuTk_2Fk No Criminality in Clinton’s Emails says FBI https://youtu.be/iok3-F9KGLA Gold and Silver Update w/e 14th Oct 2016 - by illuminati silver https://youtu.be/MH1lrpM50m8 Wells Fargo Update October 2016 https://youtu.be/YSaPD-yfR2Q Bank of England spends 10% of its Post Brexit Emergency Fund in 2 weeks https://youtu.be/KvLpMnRPUWs More Billionaires in China than the US or any other Country https://youtu.be/bFnxTEmAkfI 2nd Presidential Debate 2016 - Commentary and opinion https://youtu.be/W7XNDf6My68 What would you like to be included in our Inner Sanctum? https://youtu.be/sKi6wC3GFFo Gold and Silver Update w/e 7th Oct 2016 - by illuminati silver https://youtu.be/Cj7RCDu6PWM Who committed the worst Offence – Donald Trump or Hillary Clinton? https://youtu.be/a7deEoTTN3Y US Jobs Created – Lower than expected – unemployment up https://youtu.be/q6N6__v55lA We did not cause the Sterling Flash Crash says Illuminati Silver https://youtu.be/v_IKgH-CnKU Why UK Investors should consider buying Gold and Silver https://youtu.be/FM4og0dM4Ho Signs that Fridays Job data may disappoint –positive for gold and silver? https://youtu.be/tkW0jGprwZI Emerging markets may prevent global economic collapse in 2017 https://youtu.be/0c3XnM-jIhg Mike Pence wins the Vice Presidential Debate in Virginia https://youtu.be/s9x-xYWJt8E Gold slides to $1272 and silver $17.86 – Good buying opportunity? https://youtu.be/ebzfN53FbuU