The rise of McDonald's in China

With 60 million customers daily and more than 40,000 locations in over 100 countries McDonald's is one of the world's largest restaurant chains. And it is about to get even bigger. The fast food giant said it plans to open 1,900 new restaurants in 2023. Almost half of those locations will be in China. But the chain has faced headwinds along the way including lockdowns due to Covid-19 and competition from rivals like KFC.