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Xinhua Commentary: McDonald's stake reacquisition reflects confidence in Chinese market
McDonald's recently announced a decision to buy private equity firm Carlyle's entire 28 percent stake in its China business, which was sold by the burger chain in 2017.
November24,2023
McDonald's to invest heavily in Chinese coffee market
McDonald's coffee brand McCafe has announced a plan in Shanghai to invest 2.5 billion yuan (about 381.6 million U.S. dollars) in its coffee market in China in the next three years.
November18,2020
McDonald's to phase out plastic straws in China
The Shanghai-headquartered McDonald's China said on Tuesday that it has decided to phase out the use of plastic straws in China, which will reduce plastic consumption by an estimated 400 tonnes each year.
July01,2020
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