Asia Earns Bigger Space On McDonald’s Development Menu
Rebounding sales here and in China, and led by a focus on long-term, high-growth sales opportunities, is prompting McDonald’s to plan 1,250 new restaurants in China over the next five years. The chain already has more than 2,200 outlets there; the expansion would make China its second-largest market after the US. McDonald’s also plans to open 250 outlets in Hong Kong and South Korea in the same period. High-growth markets, including Russia, accounted for nearly a quarter of McDonald’s total sales in 2015.