Starbucks, KFC and McDonalds investing in China despite political tensions
From Fortune:
Amid declining foreign investment in China, American fast-food chains are betting on China’s massive market. KFC and McDonald’s plan to increase stores while Starbucks invests $220 million in a facility. The trend goes against China’s push for high-tech industries. Meanwhile, U.S.-China tensions impact investment levels with a shift to other countries. China’s economy struggles amidst global shifts. Despite financial risks, fast food companies expand in a shrinking market. U.S.-China tensions remain, continue to affect investment patterns.
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