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Thursday, November 13, 2008

Chineese food industry

http://www.cnn.com/video/#/video/world/2008/11/11/yoon.china.fast.food.wars.cnn

McDonalds is a 66 billion dollar industry in china. the profits went up 25% from last year. A way that china connects to their coustmers is that they sell local foods. Sure their Mcdonalds will have a burger and such, but they will also have things that the chineese people would like to eat. In example they sell cups of corn. Even though China is very high in the fast food industry for having very high sale rates there are other chineese companies who want to sell their food in other countries. They plan to go public within just two years. Some of their resturants might even make their way to America.

It would be nice for other resturants to come into America. Mcdonals are everywhere and its kinda annoying. There are already Chineese resturants here but this one might be different. Also chineese food is very very yummy!

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