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McDonald’s China business name changes to ‘Jin Gong Men’

McDonald’s China business name changes to ‘Jin Gong Men’

October 29, 2017
McDonald’s China Co. has changed its name to “Jin Gong Men Co,” which roughly translates to “Golden Arches,” after CITIC Capital and Carlyle Group took over the franchise, but the name of the restaurants will remain the same.
McDonald's plans to add 2000 Restaurants in China in the next 5 years

McDonald's plans to add 2000 Restaurants in China in the next 5 years

August 10, 2017
Earlier this week McDonald’s announced the successful completion of a strategic partnership with CITIC and The Carlyle Group. The partnership will operate and manage McDonald’s businesses in mainland China and Hong Kong and ramp up growth and innovation using the combined expertise.
 McDonald's Shanghai. Potato in China

How potato invaded China

August 02, 2013
It may surprise many people to learn that China has been the world's largest producer of potatoes since 1993. But it should not be entirely unexpected. The Chinese diet has changed drastically since the economic reforms of the 1980's.

Burger King to add 1000 restaurants in China

June 19, 2012
Burger King Worldwide Holdings Inc. said on Friday it plans to open 1,000 of its namesake restaurants in China over the next five to seven years under a newly-formed joint venture.

China: A look at strategies from McDonald's, Yum! Brands

September 09, 2011
Many restaurant companies have turned to international growth to offset results from the struggling domestic economy, but when it comes to the largest prize in foreign expansion — China — it is a two-company race between Yum! Brands Inc. and McDonald’s...

McDonald's No Match for KFC in China as Colonel Rules Fast Food

January 27, 2011
On the edge of Tiananmen Square, just across the street from Mao Zedong's tomb, He Yingying munches on a piece of chicken and gazes at the benign-looking figure beaming down at her.
 McDonald's Shanghai

McDonald's is stepping up its expansion in China

December 15, 2010
McDonald's Corp. is planning its biggest ever expansion in China as it faces mounting challenges from competitors and higher food costs amid rising inflation.

China vows to stop restaurant reuse of cooking oil

July 20, 2010
Chinese call it "gutter oil"- a foul slop fished up from sewage drains or collected at restaurant back doors - and it's being used widely in the country's eateries.Recycled food oil is China's latest food-safety scandal that has worried consu...

Potato Processors join in Idaho trade mission to China

June 03, 2010
Idaho ag groups hope to find new export opportunities in China during a trade mission led by Gov. C.L. "Butch"Otter, from June 4-12.Potato processors from Idaho and the Idaho Potato Commission will focus on promoting frozen and dehydrated pot...

Yum! bets on China growth - and wins.

March 23, 2010
Maggie returned with her husband to his family home in Chuzhou on the eve of the Chinese New Year, just in time for the grand opening of the city's first KFC restaurant. She took her husband's nephews to the big event – and waited a half-hour just to ...