A cheeky macaque stole a tourist's McDonald's lunch at Huaguo Mountain, Jiangsu, China. The hungry primate grabbed the bag ...

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.

China 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 China, Carlyle Group and CITIC declined to comment. Other consumer-facing U.S. firms, including Starbucks , opens new tab, Apple , opens new tab, Coach owner Tapestry , opens new tab ...

McDonald’s opened over 700 new restaurants in China in 2022, an all-time high. It plans to add an additional 900 stores in the country this year.

"McDonald's China will continue to leverage the capital and other resources from CITIC (Trustar), Carlyle, and McDonald's Corp to achieve the future milestone of 10,000 stores," said McDonald's China.

McDonald’s opened over 700 new restaurants in China in 2022, an all-time high. It plans to add an additional 900 stores in the country this year.

McDonald’s announced Monday that it’s bolstering its investment in China, the brand’s second-largest market behind the U.S. The burger giant agreed to acquire the minority ownership stake of global ...

McDonald's will open 1,000 new outlets in China by the end of 2024. The expansion effort is part of its goal to have 10,000 stores in China by 2028.

McDonald's is buying Carlyle's stake in its China business, increasing its minority share from 20% to 48% ownership. The fast-food giant sold off control of its restaurants in mainland China, Hong ...

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.