CHINA: Fast food giant to open more than 1,000 stores

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Updated January 29, 2008 21:48:32

Fast food chain McDonald's is expanding in China, and like China's GDP, the burger company's sales growth rate is recording double-digit figures. McDonalds is close to opening 1,000 restaurants in China and plans to build hundreds more.

Presenter: Steve Holland
Speakers: Chief Executive Officer of McDonald's China, Jeff Schwarz; Dr Pradeep Taneja, a specialist in Chinese economics at Melbourne University

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