How high could NYSE:MCD and DAQ:SBUX grow with middle class in China? We are talking 500+m ppl in 2020.
I say BUY. Proove me wrong.
Didn't MCD get overtaken in stores by subway as Subway is the healthy alternative?
Do Chinese people eat subway, cuz that might be a better option. Also, subway stores can be smaller than MCD stores so their real estate would be cheaper to rent/purchase