business / news / / CNBC
McDonald's reintroduced its classic strawberry and vanilla milkshakes on May 1.
McDonald's plans to expand to 10,000 stores in mainland China by 2028.
KEY POINTS
- Half of McDonald's new global stores in 2023 were opened in mainland China.
- McDonald's China business is majority-owned (52%) by Chinese investor Trustar.
- The classic milkshake, discontinued in 2014, returned in 44 Chinese stores in 2024.
- McDonald's has sustained popularity in China through affordability and nostalgia-driven limited menu offerings.
COMPANIES
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