McDonald’s Plans to Add More Than 1,000 Restaurants in China

[Judi Lynn]

Source: Wall Street Journal

McDonald’s Plans to Add More Than 1,000 Restaurants in China

Chief Executive Steve Easterbrook aims to turn China, right now behind the U.S. and Japan, into the company’s No. 2 market

By Laurie Burkitt
March 31, 2016 3:03 a.m. ET


BEIJING— McDonald’s Corp. is adding more than 1,000 restaurants in China and is hunting for an investment partner in Asia to speed its expansion and smooth over a rough recent history in the region.

Over the next five years, the Oak Brook, Ill., company wants to build out its franchise business in China, Hong Kong and South Korea, adding more than 1,500 restaurants to its current 2,800, McDonald’s announced Thursday.

In China alone, it aims to have 3,500 restaurants by 2020, up from 2,200 now, Chief Executive Steve Easterbrook said in an interview with The Wall Street Journal. The expansion plans come after McDonald’s announcement last year that it was closing 350 restaurants in China, Japan and the U.S.

. . .

McDonald’s has had trouble finding collaborators in Asia. It announced last year plans to sell its restaurants in Taiwan and Japan to a franchise operator but hasn’t yet closed a deal. Mr. Easterbrook said McDonald’s is in the early stages of identifying the right partners.

Read more: http://www.wsj.com/articles/mcdonalds-plans-to-add-more-than-1-000-restaurants-in-china-1459407784

---

[rjsquirrel]

1. China should resist

They have a healthy diet there for the most part. They should take this chance not to poison their children and condemn them to the American condition of endemic obesity.

[Recursion]

3. No they don't. You've swallowed orientalist bullshit.

What an appalling claim.

Chinese people want McDonalds and KFC. When they're polled, over and over again that's what they want in their town.

Take your bourgeois imagination elsewhere.

[BuddhaGirl]

9. Profits are down here in the US

So they are going to spread their crap food to China...great!

[mac56]

2. Here

[Recursion]

4. That's a stronger commitment than I thought McD's would make; great news.

That means McDonalds predicts a good bit of middle-class growth in China, which is good for all of us.

[sinkingfeeling]

5. Hey, McDonald's, you haven't spread your junk food everywhere yet. There's none on Rapa Nui.

[Initech]

10. "Hey! There's a McDonalds on that off shore oil rig!"

[Gregorian]

6. Negative iimpact on planet and people. Puke.

I went to a McDonalds once in my life. I bought it, and then I dumped it all on the table and walked out.

[vkkv]

7. Excellent! When Kim Jong Un slips into China for a Happy Meal someone can grab him! eom

[valerief]

8. Because the Chinese aren't killing themselves fast enough, I guess. nt

[Initech]

11. It's kind of interesting to eat at a non US McDonalds.

They actually try to cater to local audiences and they use things that they definitely don't on the US menu like organic sauces and real beef.

http://firstwefeast.com/eat/craziest-international-mcdonalds-menu-items/

[Xithras]

12. Yep. Americans have no idea how badly McDonalds screws them

I've been to McDonalds in several countries, and while it's always "fast food quality", the food itself is much better in other nations than it is here. As a friend explained in Paris, "Our government won't let them sell that American overprocessed, chemical covered crap in France because it's unhealthy, but the French people wouldn't buy it anyway if they did." We were eating in a McDonalds ("MacDo&quot across the street from Luxembourg Palace at the time, enjoying a couple of baguettes and coffee after a charity run. While the names of the burgers were the same, the burgers themselves were very different that what we'd get here in the states (non-gmo, minimally processed grass fed antibiotic free beef, for example).

[Initech]

13. I had beer at a McDonalds in Cologne.

And I also had a nice burger at one of the McDonalds I ate at in London last year that was better than some of the pub burgers that I had.

[Person 2713]

15. +++++1 and when I tell US non travelers they look at me in disbelief be cuz Murica or

something

[dembotoz]

14. we should be happy there is another us company doing well in china

you may or may not like the food but Mc Donalds is not a bad as some others

or would you prefer a fast expanding
hobby lobby
or
papa johns
or
chick fila

it could be worse