McDonald's has been in China for more than 20 years now. It currently has more than 60,000 employees in more than 1,100 restaurants in mainland China and plans to expand to 2,000 outlets in three to five years. It has expanded to the point that McDonald's has opened a Hamburger University in China to help with sustainability of employees and management.
According to Tim Fenton, the company's president for Asia, Pacific, Middle East and Africa, China is McDonald's Inc.'s, fastest-growing global market. Additionally, he said the country's $300 billion-a-year "informal eating out" market is expanding at an annual rate of 10 percent, compared with 2 to 3 percent in the United States.
McDonald's has a website for its' Chinese market of which I have listed below. If you can read it... then BRAVO to you and I am highly impressed!
China is yet another example of McDonald's success. Its' global markets are a large contributor to its' financial growth of late. Today MCD closed at $75.58 down just -$0.01 (or -0.01%).
JUST FOR FUN FACT:
How many pounds of french fries do you think McDonald's serves each day??? Well, according to their website McDonald's serves approximately 9 MILLION pounds of fries per day! Wow, I bet that makes Mr. Potato Farmer very happy!!!
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