HONG KONG (AP) — Chinese food and beverage brands are gaining ground across Southeast Asia, offering alternatives to big name American chains and expanding Beijing’s commercial and cultural influence ...

McDonald’s today announced its acquisition of investment firm Carlyle’s minority stake in the partnership that runs the chain’s China business. This includes the McDonald’s business in mainland China, ...

McDonald’s first entered China in 1990, and was initially seen as a novelty symbol of Western culture and fast food. Over the decades, the brand evolved beyond its American roots, embedding itself ...

BEIJING — McDonald's Corp. opened its first drive-through in Beijing on Friday, launching a partnership with a major Chinese oil company to exploit the country's growing taste for both cars and ...

Many restaurant companies have turned to international growth to offset results from the struggling domestic economy, but when it comes to the largest prize in foreign expansion — China — it is a ...

Russo shifts from Australia, where he was CEO, to Hong Kong. Other changes at McDonald's China Development Corporation (CDC) include the employment of Gary Rosen to the role of China marketing ...