Friday, 29 July 2011

McDonald’s to Open a Restaurant a Day in China in Four Years

http://www.bloomberg.com/news/2011-07-29/mcdonald-s-franchises-to-account-for-up-to-20-of-china-business.html

“We should be opening a restaurant every day in the next three to four years” in China, Peter Rodwell, company president for Asia excludingJapanAustralia and New Zealand, said in an interview in Singapore today. “We’re now opening a restaurant every other day.”


SAMEER SAYS


CHINA WILL BE IN A SEVERE RECESSION IN 4 YEARS TIME.



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