McDonald's Bets Big On Asia, Plans To Add 1,500 Restaurants By 2021
The company announced plans to expand in China, Hong Kong and South Korea.By Ryan Biek | March 31, 2016
McDonald's is doubling down in Asia. The fast food chain has announced plans to add more than 1,500 restaurants in China, Hong Kong and South Korea by 2021.
There are already 2,800 McDonald's restaurants in those three areas, most of which are owned by the corporation.
However, a press release from the company said its goal is to have 95 percent of its locations around the world be franchised.