McDonald’s will nearly double the number of restaurants in China in the next five years, eventually surpassing Japan as the hamburger chain’s second-biggest market outside the U. S. The company expects to have 4,500 restaurants in China by 2022, up from 2…
McDonald’s will nearly double the number of restaurants in China in the next five years, eventually surpassing Japan as the hamburger chain’s second-biggest market outside the U. S.
The company expects to have 4,500 restaurants in China by 2022, up from 2,500. With fewer people eating at U. S. locations, it hopes to grow sales in China by double digits in each of the next five years.
Slowing traffic at home has other American companies turning to China for growth. Starbucks, for example, wants have 5,000 coffee shops in the country by 2021, more than doubling its store count.
