Foreign

McDonald's to boost investment in China by 40% in '11

(Agencies)
Updated: 2010-12-15 12:58

BEIJING - McDonald's Corp, the world's largest chain of hamburger fast food restaurants, plans to increase its investment in China by 40 percent in 2011, primarily by opening 175-200 new restaurants in the country, the company said in a statement on Wednesday.

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It did not provide details on the amount of the planned investment.