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

"Starbucks will likely double its current footprint over the next five years, including at least 500 net new stores per year."

Starbucks Coffee International President John Culver beats a drum during the official unveiling ceremony of the new Starbucks logo at the Solana store in Beijing.

Starbucks has been ambitious about its expansion plans in China.

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According to a recent report by UBS analysts Lauren Silberman, the coffee giant may well be right to bet big on China.

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