Many young Chinese couples are choosing not to have big wedding ceremonies. Instead, they are choosing to have cheap and cheerful celebrations at McDonald’s outlets and Haidilao hotpot restaurants.
Major American brands like Apple, Starbucks and McDonald’s are rapidly losing market share in China to new domestic rivals. WSJ’s Jonathan Cheng explores how Chinese brands are squeezing out ...
Today, there are more than 45,000 Chinese restaurants across the US, more than the number of McDonald's, Burger King, Kentucky Fried Chicken and Wendy's outlets combined, according to an estimate ...