TWO FAST FOOD GIANTS TO SHOW UP IN CHINA FRANCHISE 2005
AsiaInfo Services, May, 2005
AsiaInfo Services 05-11-2005 Two Fast Food Giants to Show Up in China Franchise 2005 BEIJING, May 11, 2005 (SinoCast via COMTEX) -- Two most famous global fast food enterprises will show up for the first time in China Franchise 2005 which will start from May 14 this year. It is the first time for McDonald's to recruit franchisers in exposition. McDonald's is one of the biggest and most successful global franchise enterprises, and it has more than 30,000 outlets in the world, including 600 in China.
But McDonald's is cautious to develop franchise stores. The vice present of McDonald's whotakes charge franchise operations revealed last year the company will formally develop franchise operations in China. Itplans to recruit 1,000 franchises before 2008. KFC, the...
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