Friday, January 19, 2007

McDonalds Opens First Drive Through in China

This should be a nice growth driver for McDonalds Chinese operations.
The Beijing drive-through is the first in McDonald's venture with China
Petroleum and Chemical Corp., which McDonald's China CEO Jeffrey Schwartz said would open 25 to 30 more in the next 12 to 18 months. Both gas stations and
drive-throughs are booming as car purchases by newly affluent drivers speed
China's change from a bicycle culture to a car culture


I think there is some Jay Leno joke waiting to happen with them teaming up with Sinopec to do this. Something about them needing an oil company so they can get enough oil to fry their McNuggets.

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