Hi all,
Much of SBUX’s future growth is planned to come from China expansion. Recent China actions coupled with the markets reaction to the news detailed here:
got me wondering: What happens to SBUX if China invades Taiwan?
I’m thinking not good. What do you think?
Rich
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I’m thinking the same thing that happened with McDonald’s leaving Russia when Ukraine was invaded. That’s one of the risks of investing in companies with significant foreign exposure.
For the last two or three decades that’s been played down in investing circles as “worldwide trade” has been hailed as some kind of road to peace through international cooperation, but as we have seen that can turn on a dime. And has. And will.
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This very issue prompted me to cut my SBUX by half