The McDonald’s Corporation has received several bids for its plans to open up stores in China and Hong Kong, which could amount to a total sum of $3 billion reports Reuters.
The US fast food corporation announced that it planned to reorganise its operations in Asia by seeking joint ventures with local partners who would own restaurants within a franchise business.
The McDonald’s cooperation recently hired Morgan Stanley to run the sale of approximately 2,600 restaurants in China, Hong-Kong and South Korea.
We need your support
Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.
Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view
We need your support in keeping our journalism going. Support our work today.
For more ways to donate visit https://donate.tamilguardian.com.
