Burger King-owner RBI has finalized a joint venture with Chinese investment company CPE, aiming to accelerate Burger King’s expansion in China. CPE has invested $350m in the JV, holding 83% equity while RBI maintains 17%. The goal is to increase Burger King’s store count in China to over 4,000 by 2035. CEO Josh Kobza sees China as a key growth market for the brand.

Read more at Yahoo Finance: RBI and CPE finalise Burger King China JV