McDonald’s to Tap Carlyle Group and CITIC Group to Buy its Mainland and Hong Kong Fast Food Outlets

McDonald’s Corp has picked a consortium led by private-equity firm Carlyle Group LP and Chinese conglomerate CITIC Group Corp to buy its Chinese mainland and Hong Kong stores for as much as $2 billion while keeping a minority stake in the business, according to US media reports on Tuesday [6 December 2016]…Full Article: China Daily

McDonald’s China to Continue Sourcing Antibiotic Chicken While Curtailing its Use in the USA

McDonald’s fast-food restaurant chain said on Monday [15 August 2016] that meat suppliers for its restaurants in China must strictly follow China’s law and regulations on the use of antibiotics in beef cattle and poultry. ShareAction, a charity based in the United Kingdom, said last week that it had launched an online campaign asking people

McDonald’s China to Reduce Palm Oil Usage in Favor of Healthier Sunflower and Canola Oil

McDonald’s stores in China will change the cooking oil they use starting next year, despite an increased cost, and introduce new menu items including fruits and vegetables, the Beijing Times reported on Friday [15 July 2016]. Phyllis Cheung, the CEO of McDonald’s China, said the fast-food giant is testing new cooking oil and plans to

McDonald’s and KFC Allow Customers to Use Apple Pay

Fast-food retailers McDonald’s Corp and KFC are among the first group of merchants in the Chinese mainland to use Apple Pay, the smartphone-based payment system launched in the country, on Thursday [18 February 2016]. McDonald’s adopted the payment system at its 1,700 restaurants across the country. “McDonald’s is offering customers a digital and personalized dining

McDonald’s Shanghai Allows Customers to Create their Own Burger Via Touchscreens

Foreign fast-food chains in China are joining the digital dining trend as part of the effort to draw more customers and boost slumping sales. McDonald’s, the world’s largest fast-food hamburger chain, is providing Shanghai customers with the opportunity to craft their own burgers with touchscreen kiosks. The “Create Your Taste” campaign was launched by the