MCD - McDonald's Decision To Bet On China Seems Risky But May Pay-Off Greatly: Report | Benzinga
McDonald's Corp's (NYSE: MCD) decision to take greater control of its China business and expand aggressively amid consumer slowdown and geopolitical tensions reportedly seems risky, but the potential pay-off is great.
MCD's move contrasts sharply with the ongoing trend of multinational corporations reeling back investments in China or even exiting altogether because of unfavorable geopolitical and economic conditions, reported Reuters.
Last month, MCD agreed ...