McDonald's (MCD) reacts to high inflation in China by lifting prices in what it calls a...

|About: McDonald's Corporation (MCD)|By:, SA News Editor

McDonald's (MCD) reacts to high inflation in China by lifting prices in what it calls a "structural price adjustment." The firm could face the wrath of China' planning agency tasked with stabilizing prices, after Unilever (UN) was hit with a $308K penalty for merely commenting on an intended price increase.