ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Caixin

McDonald's challenges Starbucks' for China coffee crown

Fast food giant to spend $380m to expand to 4,000 McCafes by 2023

McDonald’s currently has about 3,600 restaurants in China, meaning less than half now have McCafes. (Photo courtesy of McDonald's)

Fast food giant McDonald's will spend 2.5 billion yuan ($381 million) over the next three years on a major expansion of its store-in-store McCafes in China, challenging rivals like Starbucks and KFC in a race to cater to a growing Chinese middle class with a taste for premium drinks.

Under the plan, McDonald's is aiming to have 4,000 McCafe's on the Chinese mainland by the end of 2023, according to an announcement earlier this week.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more