As we have mentioned in our previous articles, Starbucks is banking big on China for its future growth. Currently, the China/Asia-Pacific segment contributes $3 billion or 13.8% of total revenue. But as the Chinese population grows to over 1.4 billion (forecast according to the Economist Intelligence Unit) in 2030, and its low income bracket falls to only 11% of the total population, we can expect 89% of the population to be able to afford a regular cup of coffee from Starbucks, as opposed to approximately 60% right now. In line with this, Starbucks has set itself a goal of opening and operating about 5,000 stores in China by 2021, thus, providing tremendous growth in the top-line. However, the higher dependency on China may impact Starbucks' top-line considerably, given the strength in the U.S. dollar as compared to the Chinese yuan. China's recent decision to devalue its currency to an eight year low of 6.87, has resulted in the erosion of almost 8% to the currency value.