McDon­ald’s plans to nearly dou­ble restau­rants in China

The Guardian (Charlottetown) - - BUSINESS -

NEW YORK - McDon­ald’s will nearly dou­ble the num­ber of restau­rants in China in the next five years, even­tu­ally sur­pass­ing Ja­pan as the ham­burger chain’s sec­ond­biggest mar­ket out­side the U.S.

The com­pany, based in Oak Brook, Illi­nois, just out­side of Chicago, 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.

The an­nounce­ment Tues­day comes a week af­ter McDon­ald’s com­pleted a pre­vi­ously an­nounced deal to sell most of its op­er­a­tions in China.

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