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| April 19, 2016
McDonald's Corp.
Despite a rough recent history in China, McDonald's Corp. is joining a number of companies that have made bullish bets on Chinese consumers. Over the next five years the Oak Brook, IL, company is hunting for an investment partner to help build out its franchise business in China, and plans to add 1,300 restaurants to its current 2,200. The fast-food company is betting that population growth and urbanization rates will continue to propel sales even as the world economy slows. While larger discretionary items will take a hit amid an economic slowdown, smaller splurges like fast-food meals should, by all accounts, stay strong.
by Koos van der Merwe
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