McDonald's takes chicken nuggets off menu in Hong Kong amid China food scare
10 years, 7 months ago

McDonald's takes chicken nuggets off menu in Hong Kong amid China food scare

Firstpost  

McDonald’s said in a statement late on Thursday it had imported certain products from Shanghai Husi between July last year to June this year, although no food items from the Shanghai supplier remained in stock. McDonald’s Corphas suspended sales of chicken nuggets and other items in Hong Kong after it said it had imported products from Shanghai Husi Food, the U.S.-owned company at the centre of a food safety scare in China. “We reiterate that until today, all the food sold at McDonald’s restaurants conform to the food safety standard under Hong Kong legal regulations,” McDonald’s said. The announcement came after Hong Kong said it had suspended, with immediate effect, all imports from Shanghai Husi Food, which is owned by Illinois-based OSI Group.

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History of this topic

Wegmans recalls frozen chicken nuggets due to possible bone fragments
1 month, 3 weeks ago

Wegmans recalls frozen chicken nuggets due to possible bone fragments

India Today  

NEW YORK: Wegmans is recalling frozen chicken nuggets in eight states and the District of Columbia because there may be bone fragments in the packages. A public health alert was issued for frozen, fully cooked Wegmans breaded chicken breast nuggets by the U.S. Department of Agriculture’s Food Safety and Inspection Service, with hopes of making sure customers are aware that …

Wegmans recalls frozen chicken nuggets due to possible bone fragments
1 month, 3 weeks ago

Wegmans recalls frozen chicken nuggets due to possible bone fragments

Associated Press  

NEW YORK — Wegmans is recalling frozen chicken nuggets in eight states and the District of Columbia because there may be bone fragments in the packages. A public health alert was issued for frozen, fully cooked Wegmans breaded chicken breast nuggets by the U.S. Department of Agriculture’s Food Safety and Inspection Service, with hopes of making sure customers are aware …

McDonald's reduces popular menu item by 50 percent for one day only
5 months, 1 week ago

McDonald's reduces popular menu item by 50 percent for one day only

Daily Mail  

McDonald's customers can bag a bargain with 50 per cent off a fan favourite today. Today, Monday 14 October, fans across the UK can snap up 6 Chicken McNuggets for half price, available exclusively through the McDonald's app. The initiative means every penny spent equals one point, so by purchasing a Cheesy Bacon Flatbread, for example, 119 points will be …

Mon Dieu! McDonald’s puts Beyond Meat’s plant-based McNuggets on French menu
5 months, 1 week ago

Mon Dieu! McDonald’s puts Beyond Meat’s plant-based McNuggets on French menu

LA Times  

McDonald’s is putting Beyond Meat’s plant-based chicken McNuggets on its French menu, marking an expansion of the El Segundo company’s European business. proud to help bring more choice to the McDonald’s menu for consumers looking to diversify their proteins with plant-based options,” a company spokesperson said in a statement. Last week, Beyond Meat announced that Panda Express was expanding the …

McDonald’s is finally launching a chicken version of its beloved Big Mac
5 months, 2 weeks ago

McDonald’s is finally launching a chicken version of its beloved Big Mac

The Independent  

Sign up to IndyEat's free newsletter for weekly recipes, foodie features and cookbook releases Get our food and drink newsletter for free Get our food and drink newsletter for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Chicken Big Mac, which sold out in just 10 days at McDonald’s locations …

McDonald’s sales fall globally for first time in over three years
7 months, 3 weeks ago

McDonald’s sales fall globally for first time in over three years

Al Jazeera  

McDonald’s CEO Chris Kempczinski says low-income consumers eating at home and finding other ways to economise. McDonald’s worldwide sales fell 1 percent in the April-June period, the fast food giant said on Monday, the first drop since the last quarter of 2020, when the COVID-19 pandemic and government restrictions closed businesses and kept millions of people at home. McDonald’s CEO …

Americans keep turning their backs on McDonald’s
7 months, 3 weeks ago

Americans keep turning their backs on McDonald’s

CNN  

CNN — Inflation has caught up with McDonald’s, and budget-conscious Americans are looking elsewhere for their fast-food fix. McDonald’s on Monday reported that sales at US stores open at least a year fell 0.7% last quarter from the same period a year earlier, dragged down by fewer customers going to the fast-food company’s restaurants. McDonald’s isn’t alone: Starbucks, Burger King, …

These healthier McDonald’s items are getting the chop
8 months, 2 weeks ago

These healthier McDonald’s items are getting the chop

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy McDonald's is axing some …

Reputation too comes with an expiry date
10 months, 1 week ago

Reputation too comes with an expiry date

China Daily  

Diners are seen at a McDonald's quick service restaurant in Beijing in September. Two McDonald's branches, one in Zhengzhou, capital of Henan province, and another in Jinan, capital of Shandong province, have, it seems, found a solution for food that doesn't sell by the sell-by date — just replace the use-by label. Back in 2012, CCTV had named a McDonald's …

McDonald’s posts weaker-than-expected results after sales hit by boycott
10 months, 3 weeks ago

McDonald’s posts weaker-than-expected results after sales hit by boycott

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Customers across the Middle East and in Muslim-majority markets …

McDonald’s supersizes China bet as corporate America pulls back
10 months, 3 weeks ago

McDonald’s supersizes China bet as corporate America pulls back

Live Mint  

HONG KONG—Some U.S. consumer brands in China are struggling with tepid consumer demand and a trend toward nationalist buying. China is now the fastest-growing market for McDonald’s and its second-largest by number of stores, with more than 5,500, the company said in November. The more than 1,000 new restaurants McDonald’s opened in China last year marked a record for the …

McDonald’s buys its Israeli restaurants from franchisee who sparked costly boycotts
11 months, 2 weeks ago

McDonald’s buys its Israeli restaurants from franchisee who sparked costly boycotts

Associated Press  

McDonald’s is buying its restaurants in Israel from a longtime franchisee, hoping to reset sales that have slumped due to boycotts in the region. “McDonald’s remains committed to the Israeli market and to ensuring a positive employee and customer experience in the market going forward,” Jo Sempels, McDonald’s president of international developmental licensed markets, said in a statement, Alonyal has …

McDonald's forced to buy back all 225 Israel franchise restaurants after they gave free meals to IDF soldiers - sparking boycott in Middle East and other Muslim countries that caused 'meaningful' impa
11 months, 2 weeks ago

McDonald's forced to buy back all 225 Israel franchise restaurants after they gave free meals to IDF soldiers - sparking boycott in Middle East and other Muslim countries that caused 'meaningful' impa

Daily Mail  

Fast food chain McDonald's will buy back all of its Israeli restaurants following a boycott of the brand after it was criticised for giving away thousands of free meals to Israeli soldiers. McDonald's decision comes after widespread protests at its decision to give out free meals affected sales in the Middle East, Indonesia and France. Fast food chain McDonald's will …

McDonald’s buys all 225 of Israeli franchise restaurants after boycotts
11 months, 2 weeks ago

McDonald’s buys all 225 of Israeli franchise restaurants after boycotts

Al Jazeera  

McDonald’s has been subject to boycotts since franchisee Alonyal announced it would donate free meals to the Israeli military amid Gaza war. ‘It’s a human tragedy’ In February, Kempczinski said that the war had had a “disheartening” effect on sales in Middle Eastern countries and other Muslim-majority nations such as Malaysia and Indonesia. “It’s a human tragedy, what’s going on, …

McDonald’s exits Sri Lanka, terminates agreement with franchisee over poor hygiene
11 months, 3 weeks ago

McDonald’s exits Sri Lanka, terminates agreement with franchisee over poor hygiene

Op India  

American fast food chain McDonald’s has ended an agreement with its local partner, Abans, in Sri Lanka. According to reports, the development comes after McDonald’s had launched a legal battle against its local partner Abans over allegations of “poor hygiene”. According to a report in the Sri Lankan outlet Daily Mirror, the Colombo Commercial High Court issued an order on …

McDonald’s breakneck expansion plan in 2024. Location? China
1 year, 1 month ago

McDonald’s breakneck expansion plan in 2024. Location? China

Hindustan Times  

McDonald’s Corp. will maintain its breakneck expansion in China despite weak consumer sentiment, as the burger chain follows its rivals in seeking more growth in lower-tier cities hungering for western fast food. That will account for nearly two-thirds of the new restaurants McDonald’s plans to open across all markets outside the U.S., Chief Financial Officer Ian Borden said in an …

McDonald's admits 'strategic price increases' helped to boost profits in US restaurants (as $7.29 McMuffins and $8.39 Big Macs are now a grim reality) - and chain is going to get even MORE EXPENSIVE i
1 year, 1 month ago

McDonald's admits 'strategic price increases' helped to boost profits in US restaurants (as $7.29 McMuffins and $8.39 Big Macs are now a grim reality) - and chain is going to get even MORE EXPENSIVE i

Daily Mail  

McDonald's managed to boost profits by 7 percent as a result of charging customers more for McMuffins, Big Macs, McNuggests and fries. McDonald's chief executive officer Chris Kempczinski said on pervious earnings call that the law will have 'a wage impact for our California franchisees' Fast food workers will be paid at least $20 per hour when the law signed …

McDonald's to up stake to 48% in nation, mulls more restaurants
1 year, 4 months ago

McDonald's to up stake to 48% in nation, mulls more restaurants

China Daily  

A set meal with a toy at a McDonald's restaurant in Beijing, July 22, 2023. Fast-food giant McDonald's Corp is increasing its minority stake substantially in its business in China to facilitate faster decision-making and exploit growth opportunities in its fastest-growing market. China is now our second-largest market; we've doubled our restaurants to more than 5,500 since 2017," said Chris …

McDonald's faces heat for offering free meals to Israeli troops amid Gaza offensive
1 year, 5 months ago

McDonald's faces heat for offering free meals to Israeli troops amid Gaza offensive

Hindustan Times  

Fast-food chain McDonald's has been facing a boycott call after its Israeli franchise announced on Instagram that it was giving thousands of free meals to hospitals and troops of the Israel Defence Forces. Earlier this week, McDonald’s Israel’s social media account announced that it had shipped 4,000 meals so far to Israeli soldiers amid a war with Palestine-based Hamas militants. …

McDonald's sets eyes on Chinese market
1 year, 7 months ago

McDonald's sets eyes on Chinese market

China Daily  

A set meal with a toy at a McDonald's restaurant in Beijing, July 22, 2023. According to McDonald's fiscal report, its revenue increased 14 percent year-on-year to $6.5 billion in the second quarter of this year, and its net profit reached $2.31 billion, surging 95 percent year-on-year. McDonald's said that the international developmental licensed markets showing strong comparable sales of …

McDonald's to feature MSC label on food packages
1 year, 9 months ago

McDonald's to feature MSC label on food packages

China Daily  

Food products from McDonald's will feature the Marine Stewardship Council label on their packages to promote the company's sustainability goals, McDonald's China announced on Thursday, which marked World Ocean Day. The blue label is used for wild fish or seafood from fisheries that have been certified with the MSC Fisheries Standard, a set of requirements for sustainable fishing. McDonald's China …

McDonald's found liable for hot Chicken McNugget that fell from Happy Meal and burned girl
1 year, 10 months ago

McDonald's found liable for hot Chicken McNugget that fell from Happy Meal and burned girl

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy McDonald’s and a franchise holder …

McDonald's China to expedite its expansion
1 year, 11 months ago

McDonald's China to expedite its expansion

China Daily  

Consumers try wireless mobile phone charging by riding spin bikes to generate electricity at the McDonald's zero carbon restaurant in the Shougang Park in Beijing. McDonald's China, the local franchise of the global quick service restaurant or QSR chain, said its business recovery in the first quarter of this year is encouraging it to accelerate its expansion in the country …

Fowl-free: McDonald’s debuts plant-based McNuggets
2 years, 1 month ago

Fowl-free: McDonald’s debuts plant-based McNuggets

Associated Press  

McDonald’s McNuggets are going fowl-free. McPlant Nuggets __ made from peas, corn and wheat with a tempura batter __ are the second product McDonald’s has co-developed with Beyond Meat, an El Segundo, California-based maker of plant-based meats. McDonald’s will also start selling the McPlant burger in Germany next week. Availability of the McPlant nuggets and burger in future markets will …

McDonald’s posts lower Q2 revenue, charges weigh down profit
2 years, 7 months ago

McDonald’s posts lower Q2 revenue, charges weigh down profit

Associated Press  

McDonald’s revenue fell short of expectations in the second quarter as coronavirus restrictions shuttered stores in China and higher prices took a toll on U.S. demand. Chief Financial Officer Kevin Ozan said McDonald’s is seeing some trade-down to cheaper items and lower sales of combo meals in the U.S., particularly among lower-income consumers. Ozan said year-over-year U.S. price increases in …

Surging sales at McDonald’s offsets trouble in China, Russia
2 years, 10 months ago

Surging sales at McDonald’s offsets trouble in China, Russia

Associated Press  

Higher U.S. menu prices and easing COVID-19 restrictions in Europe helped McDonald’s offset troubled markets like China and Russia during the first quarter. McDonald’s initially predicted U.S. costs for commodities like cooking oil and paper would rise 8% this year; now, the company expects those costs to rise between 12% and 14%, Chief Financial Officer Kevin Ozan said during a …

Happy meal? McDonald’s price hikes offset woes in Russia, China
2 years, 10 months ago

Happy meal? McDonald’s price hikes offset woes in Russia, China

Al Jazeera  

McDonald’s is losing about $55m per month in sales from its Russian store closures, the fast food giant said. Higher United States menu prices and easing COVID-19 restrictions in Europe helped McDonald’s offset troubled markets like China and Russia during the first quarter. McDonald’s initially predicted US costs for commodities like cooking oil and paper would rise 8 percent this …

McDonald's super-fan handcuffs himself to doors of Moscow restaurant
3 years ago

McDonald's super-fan handcuffs himself to doors of Moscow restaurant

Daily Mail  

A McDonald's super-fan was arrested and fined in Moscow after chaining himself to the front of a restaurant to protest it closing amid the invasion of Ukraine. Luka Safronov-Zatravkin was arrested and fined after chaining himself to the door of a McDonald's in Russia to protest it closing A man orders food at a McDonald's restaurant in St Petersburg despite …

Supply issues take shakes off the menu at British McDonald's
3 years, 6 months ago

Supply issues take shakes off the menu at British McDonald's

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

In blow to Beyond Meat, McDonald’s develops its own plant-based meat
4 years, 4 months ago

In blow to Beyond Meat, McDonald’s develops its own plant-based meat

Live Mint  

McDonald’s Corp. announced it will develop its own line of faux meat, starting with a substitute burger, dealing a blow to Beyond Meat Inc. and Impossible Foods Inc. McDonald’s U.S. has been viewed as the potential crown jewel for up-and-coming faux meat makers like Beyond Meat and its competitor, Impossible Foods, which supplies Burger King with the patties for its …

McDonald’s cult classic, the McRib, is coming back in 2020
4 years, 4 months ago

McDonald’s cult classic, the McRib, is coming back in 2020

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. McDonald's announced Friday that for the first time in …

McDonald’s adding Spicy Chicken McNuggets and Chips Ahoy! McFlurry to menu
4 years, 6 months ago

McDonald’s adding Spicy Chicken McNuggets and Chips Ahoy! McFlurry to menu

The Independent  

Sign up to IndyEat's free newsletter for weekly recipes, foodie features and cookbook releases Get our food and drink newsletter for free Get our food and drink newsletter for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. On Tuesday, the fast food chain confirmed that, from 16 September, it will be …

McDonald's prescribes stringent norms for north, east franchise, talks with Indian partners hit roadblock
5 years, 4 months ago

McDonald's prescribes stringent norms for north, east franchise, talks with Indian partners hit roadblock

Firstpost  

In May this year, McDonald’s had said it reached an out-of-court settlement with estranged partner Vikram Bakshi, buying out the former partner from their joint venture. Talks between McDonald’s and Indian partners reportedly hit a roadblock after the American fast food giant prescribed stringent norms for its north and east franchise, said a report in The Economic Times. According to …

Buying Halal, not Jhatka, discriminatory: McDonald's India gets legal notice
5 years, 5 months ago

Buying Halal, not Jhatka, discriminatory: McDonald's India gets legal notice

Op India  

McDonald’s fast-food chain in India seems to have landed itself in trouble. The notice refers to the statement made by McDonald’s India in August where it asserted that all the meat used by them is Halal meat. The legal notice also includes statements by McDonald’s UK and Canada that specifically say that their eateries do not serve Halal meat and …

McDonald's drops several items from menu in reopened stores: Here's what Delhi-NCR residents may not find
5 years, 10 months ago

McDonald's drops several items from menu in reopened stores: Here's what Delhi-NCR residents may not find

India TV News  

US-based fast food McDonald's has dropped many items - like McAloo and Gilled Chicken Wrap - from the menu of the 13 stores, which it has reopened in Delhi-NCR after its agreement with partner Vikram Bakshi to acquire Connaught Plaza Restaurants Pvt Ltd. "To ensure a more consistent McDonald’s India experience across the different regions, we have permanently removed some …

McDonald’s apologises after vegetarians find chicken nuggets in their meals
6 years, 1 month ago

McDonald’s apologises after vegetarians find chicken nuggets in their meals

The Independent  

Sign up to IndyEat's free newsletter for weekly recipes, foodie features and cookbook releases Get our food and drink newsletter for free Get our food and drink newsletter for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. It’s supposed to contain red pesto, a vegetarian goujon, relish, tomato, lettuce and red …

McDonald's outlet at High Street Phoenix in Lower Parel gets FDA notice for poor food quality
7 years, 2 months ago

McDonald's outlet at High Street Phoenix in Lower Parel gets FDA notice for poor food quality

Firstpost  

The FDA had reportedly conducted a “surprise check” on the McDonald’s outlet in High Street Phoenix at Lower Parel for alleged violation of the Food Safety Standards Act, by cooking in unhygienic conditions, and also not displaying its licence copy prominently. Mumbai: The state food and drug administration has warned popular quick service restaurant McDonald’s as one of its outlets …

McDonald's follows different food standards for India, says estranged partner Vikram Bakshi
7 years, 2 months ago

McDonald's follows different food standards for India, says estranged partner Vikram Bakshi

India TV News  

Global fast-food chain McDonald's estranged partner in India Vikram Bakshi on Thursday alleged the company follows "different standards" for India compared to other countries and ignored the food quality concerns raised by him for the last four years. Bakshi's response came after McDonald's India earlier alleged lapses in food quality and safety level by "all facets of the supply chain". …

McDonald's has run out of bacon for its egg Mcmuffins
7 years, 3 months ago

McDonald's has run out of bacon for its egg Mcmuffins

The Independent  

Sign up to IndyEat's free newsletter for weekly recipes, foodie features and cookbook releases Get our food and drink newsletter for free Get our food and drink newsletter for free SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy McDonald’s breakfast lovers in the UK broke into panic this …

Food administration inspects four McDonald's outlets in Shanghai
7 years, 7 months ago

Food administration inspects four McDonald's outlets in Shanghai

China Daily  

A customer holds a McDonald's ice cream in front of its Nanjing East Road store in Shanghai, July 27, 2017. Shanghai Municipal Food and Drug Administration raided four McDonald's restaurants in the city on Thursday and didn't find food safety problems, the Information Office of Shanghai Municipal Government said late Thursday. The inspection came after a former employee of a …

Mainland pivotal in Hong Kong's food quality, safety
7 years, 8 months ago

Mainland pivotal in Hong Kong's food quality, safety

China Daily  

Mainland pivotal in Hong Kong's food quality, safety Updated: 2017-07-01 08:03 By Wang Xiaodong Workers pack vegetables at a store on Centre Street, Hong Kong, in June. "The central government has attached high importance to the prosperity and stability of Hong Kong and the well-being of its residents, and has made great efforts to ensure the safety of food and …

McDonald's, Yum rework plans in China as market turns tough
7 years, 11 months ago

McDonald's, Yum rework plans in China as market turns tough

China Daily  

Waitresses in Qing Dynasty costumes serve fast food at a McDonald's restaurant in Beijing. Found at almost every major street corner across thousands of cities in China, McDonald's and fast food outlets under Yum Brands such as KFC and Pizza Hut have long enjoyed a run of super-sized growth as local consumers craved a taste of Americana. The two fast …

McDonald's to win back customers with delivery and mobile ordering
8 years ago

McDonald's to win back customers with delivery and mobile ordering

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. McDonald’s has announced plans to roll out its own …

Food safety laws must be well enforced
8 years, 1 month ago

Food safety laws must be well enforced

China Daily  

THREE BEIJING franchises of the Han Li Xuan Korean barbecue chain were found to be using duck meat for what they claimed was geese, pork, and corned beef. The food and drug authorities in Beijing ordered the three restaurants to stop operations and have sent a request to the related provincial administrations to check the details of the meat supply …

Food safety laws must be well enforced
8 years, 1 month ago

Food safety laws must be well enforced

China Daily  

China Daily | Updated: 2017-01-24 08:32 THREE BEIJING franchises of the Han Li Xuan Korean barbecue chain were found to be using duck meat for what they claimed was geese, pork, and corned beef. The food and drug authorities in Beijing ordered the three restaurants to stop operations and have sent a request to the related provincial administrations to check …

Fast-food chain urged to give up antibiotics globally[1]- Chinadaily.com.cn
8 years, 7 months ago

Fast-food chain urged to give up antibiotics globally[1]- Chinadaily.com.cn

China Daily  

McDonald's fast-food restaurant chain said on Monday that meat suppliers for its restaurants in China must strictly follow China's law and regulations on the use of antibiotics in beef cattle and poultry. ShareAction, a charity based in the United Kingdom, said last week that it had launched an online campaign asking people to email McDonald's CEO Steve Easterbrook telling him …

Fast-food chain urged to give up antibiotics globally[1]- Chinadaily.com.cn
8 years, 7 months ago

Fast-food chain urged to give up antibiotics globally[1]- Chinadaily.com.cn

China Daily  

McDonald's fast-food restaurant chain said on Monday that meat suppliers for its restaurants in China must strictly follow China's law and regulations on the use of antibiotics in beef cattle and poultry. ShareAction, a charity based in the United Kingdom, said last week that it had launched an online campaign asking people to email McDonald's CEO Steve Easterbrook telling him …

McDonald's Is Making Some Big Changes To The Ingredients They Use
8 years, 7 months ago

McDonald's Is Making Some Big Changes To The Ingredients They Use

Huff Post  

Anadolu Agency via Getty Images By Tom Polansek OAK BROOK, Ill. - McDonald’s Corp will replace corn syrup in hamburger buns with sugar this month and has removed antibiotics that are important to human medicine from its chicken months ahead of schedule, it said on Monday, moves that are part of its drive to target increasingly health-conscious consumers. McDonald’s is …

McDonald's plans Asian unit sales
8 years, 7 months ago

McDonald's plans Asian unit sales

China Daily  

A McDonald's employee in Beijing demonstrates how to order food on a big screen. McDonald's Corp is planning a sale of 20-year franchise rights in Malaysia and Singapore that could collectively fetch at least $400 million, people with knowledge of the matter said. McDonald's is seeking local franchise partners to run its restaurants in Malaysia and Singapore as it pursues …

McDonald's gets bids for China store sales
8 years, 9 months ago

McDonald's gets bids for China store sales

China Daily  

Children take part in a running contest organized by McDonald's Corp in Beijing. McDonald's Corp has received more than half a dozen bids for its planned sale of Chinese mainland and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower Group and China National Chemical Corporation in a deal worth about $3 billion, people familiar with the matter said. …

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