Two thousand restaurants McDonald’s to open in China

Almaty. August 8. Silkroadnews – Two thousand restaurants McDonald’s will open in China, CNN informs.
According to the report, “the world's largest fast food chain announced Tuesday that it plans to open 2,000 new restaurants across the world's most populous nation in just over five years, bringing the total to 4,500”.
The new restaurants, as noted, are planned to open in small towns. McDonald’s officials believe there is a demand for more restaurants of their fast food chain in China.
“China will soon become our largest market outside of the United States”, McDonald’s CEO Steve Easterbrook is quoted saying.
It is reported that McDonald’s and its partners in China – investment companies Citic and Carlyle Group – hope the new outlets will help to increase sales several times for the next five years.
“The new plans come after McDonald’s sold off most of the China business to Citic and Carlyle, saying they would bring a better understanding of the local market. Under the deal announced earlier this year, McDonald’s still holds a 20% stake in the business”, the publication reads.
Such a move is said to be a part of S. Easterbrook’s efforts to radically change the fast food chain.
It is also reported that McDonald’s is not the only major U.S. company, whose brand is so actively promoted in China. Last year, Starbucks chain announced plans to open at least one new store a day in China for the next five years and bring their total to 5,000 stores by 2021.