Pre-reading questions:
- What is your favorite fast food restaurant?
- Do you like burgers and fries?
McDonald’s lets Chinese businessmen control 80% of its business. China’s Citic group and US’s Carlyle group will manage 2,000 McDonald’s outlets in China and Hongkong. After five years, the food company will add more restaurants in China, Hongkong, and South Korea. McDonald’s competitor in Asia, Yum Brands, is also coming up with new business strategies. Yum Brands is the owner of KFC and Pizza Hut. Both McDonald’s and Yum brands are trying to solve food safety problems in Asia, specifically, China.
Vocabulary:
businessmen – [noun] people in business especially as owners or managers
outlet – [noun] a store that sells products made usually by one company
manage – [verb] to have control of something such as a business
competitor – [noun] someone who is trying to do better than all others especially in business
solve – [verb] to find a solution
True or False:
- McDonald’s lets Chinese businessmen control 88% of its business.
- Citic group and Carlyle group will manage 2,000 KFC outlets in China and Hongkong.
- After five years, the company will add more restaurants in China, Hong Kong, and South Korea.
- The competitor of McDonald’s in America is Yum brands.
- Both McDonald’s and Yum brands are solving food safety problems in Asia.