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China's latest food scandal, involving a Shanghai meat supplier, has forced McDonald's to take items off the menu in many of its restaurants across the country.
China is a difficult market for McDonald’s. However, it holds strong potential. Its market share in the region fell from around 15% in 2010 to nearly 14% in 2015, ...
Fast-food giant McDonald's Corp. is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic Ltd. in a deal worth up to $2.1 billion ...
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McDonald’s Prepares to Double Its Footprint in China - MSNChina could supersize McDonald’s financial results. Despite its size, McDonald’s posted a revenue gain of 14% to $6.7 billion in the most recent quarter, and net income rose 17% to $2.3 billion.
McDonald’s has struck a deal to ramp up its stake in its China business to just under 50% and expressed confidence in its growth prospects in the world’s second-largest economy.
Two decades ago, McDonald's was largely unknown here, except as a symbol of the decadent west. But a capitalist revolution has swept through the People's Republic. And today mainland China, still ...
McDonald's sales worldwide rose 6% during the three month period that ended Dec. 31. Diluted earnings per share rose 14% to $2.08 as compared to $1.82 during the fourth quarter the previous year.
BEIJING—McDonald's Corp. is looking to beef up its image in China to lure diners amid an economic slowdown that could send them looking for cheaper alternatives. The Oak Brook, Ill., company is ...
BEIJING (AP) — McDonald's and KFC in China faced a new food safety scare Monday after a Shanghai television station reported a supplier sold them expired beef and chicken.
Two people have been executed in China following their conviction for a brutal, cult-related murder in a McDonald’s restaurant last May, Chinese media said.
McDonald’s has struck a deal to ramp up its stake in its China business to just under 50% and expressed confidence in its growth prospects in the world’s second-largest economy.
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