In the News
McDonald’s to double number of China restaurants
8th August 2017
Citic and Carlyle recently bought a controlling interest in McDonald's China and Hong Kong operations for the next 20 years and they have announced ambitious plans to double the number of restaurants focusing mainly on (relatively) smaller and less prosperous Chinese cities.
Doubling the scale of an operation carries inevitable risks not least the logistical challenges of getting products across China's vast interior and the problems of maintaining quality control.
McDonald’s to double number of China restaurants https://t.co/5a1wZJKo3a
— Financial Times (@FinancialTimes) August 8, 2017
@McDonalds completes partnership w/ #CITIC & #Carlyle to operate & manage business in mainland #China & #Hongkong https://t.co/YbxGQn4DaW pic.twitter.com/bgQieNp7y6
— EPR Retail News (@eprretailnews) August 8, 2017
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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