Starbucks (SBUX +0.9%) will more than double its staff to 30K by 2015 as part of a sweeping plan...

|About: Starbucks Corporation (SBUX)|By:, SA News Editor

Starbucks (SBUX +0.9%) will more than double its staff to 30K by 2015 as part of a sweeping plan to expand in China. Feeding the ambition is a forecast that coffee sales as a whole in the country are expected to increase by 55% to 4.5B yuan ($720M) over three years. The company maintains its big China bet is based on positive early results which show pent-up demand in the market, particularly from young urban professionals.