China Likely to Allow Franchising in 2004. The Taipei Times ran an article yesterday about McDonald's plans to develop franchises in China once the Chinese government lifts restrictions on franchised operations. Currently, companies like Yum!, McDonald's and Starbucks own or co-own through a joint venture all of their branded restaurants in China. The relaxing of the Chinese franchise restrictions will likely provide tremendous opportunities for franchisors looking to expand abroad. For an interesting article by Fraser Mendel outlining issues in franchising in China, click here.
Posted by franchiselawblog at September 11, 2003 02:28 PM