McDonald’s (MCD) is planning a massive expansion in China as it seeks to take advantage of rapid economic growth and burgeoning consumer demand.
The restaurant giant will boost investment in China by 40% in 2011,The Wall Street Journal said. The company is planning to build as many as 200 new restaurants across the country.
The company is also remodeling. The new restaurants will bear the familiar…
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McDonald’s Plans Massive Expansion in China originally appeared on DailyFinance on Wed, 15 Dec 2010 06:27:00.
Filed Under: Company News, McDonald’s, Retail