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McDonald's doubles down on China despite post-COVID headwinds


McDonald's China CEO, Phyllis Cheung, recently highlighted the tremendous growth opportunities that the company's global management sees in China. These opportunities are attributed to several factors, including increased sales, a robust local supply chain, favorable policies, and a culture of innovation. Notably, McDonald's has successfully established around 1,000 new locations in the Chinese mainland, accounting for over 50 percent of its global openings. To gain further insights on McDonald's expansion strategy in China, watch the above video featuring a CGTN survey.

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