China-US partnerships fueling rapid growth

Starbucks landed in China when coffee was still a novelty.

Today, one in five stores globally is there.

American fast food and retail giants placed the same bet, and cashed in.

Now local brands are out-executing them.

The fix? Partner with Chinese private equity.

Here's why it's working, and what it means for both sides, as CGTN's Vivienne Nunis explains.