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McDonald's to double restaurant count in China within five years

McDonald's has revealed plans to increase the number of restaurants in China from 2,500 to 4,500 by the end of 2022.

The company is enjoying a stronger second quarter in 2017, supporting managements efforts to change lackluster sales with new initiatives.

The fast-food company said $1 sodas and a new line of sandwiches boosted sales at established restaurants.

The fast food chain and the International Olympics Committee are parting ways after 42 years.

McDonald's is suing Florence after the Italian city rejected its bid to open a branch in a historic square.

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