Starbucks isn't worried about consumer spending in China, even if other U.S. food and beverage companies might be. Reason: The chain's established cafes in the region have maintained double-digit sales growth over the past couple of months.

"From a regional perspective, we have seen the momentum of our same-store sales in the fourth quarter sustained in the first two months of the current quarter," said Starbucks's president of China and Asia-Pacific, John Culver, at an investor conference Wednesday.

In the fourth quarter, which ended Sept. 30, Starbucks's same-store sales, including those at cafes open at least 13 months, rose 10% in the China and Asia-Pacific region.

Starbucks stores in China now average $886,000 in annual sales, up from $507,000 in 2008. The company expects China to become its largest market outside the U.S. in 2014.

"We continue to see very healthy growth coming out of China," he added. "We are very aware of the economic environment there, but there is clearly a pent-up demand that is in the very nascent stage of us achieving saturation."