Reaction to Costco's play in China

• Analysts view Costco's (NASDAQ:COST) move to open an online store in China through Alibaba as a strategic play.
• Janney Capital Markets: "This low capital entry will give Costco a good look at the Chinese opportunity with nominal capital investment."
• S&P Capital: "Longer term there's significant potential to grow (in China) ... we are talking five plus years."
• Guotai Junan International: "Tmall is fast track for a foreign brand to reach a vast Chinese market."