Seeking Alpha

John Spencer Morrison

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  • Is McDonald's Back On Track? [View article]
    I also live and work in China (past 3 years). From my point of view, there's plenty of room for organic growth through store expansion for both of them.

    Case in point: I'm marrying my best friend in two weeks, who's from Tieling (a little known 'town' of 2 million) that's up in the north in Liaoning province.

    In her town, which I went to for Chinese New Year's last year, they don't yet have a McDonald's, KFC or a Starbucks (in fact, her family has never even heard of Starbucks). And this is not the only one out there, there are still tons of these 'small towns' with a million+ inhabitants and growing per capita incomes.

    In my opinion this paints a pretty bullish picture for all parties involved.

    Long MCD
    Dec 16 07:42 AM | Likes Like |Link to Comment
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