Reference News Network, December 30** Deutsche Welle Radio**, December 30, with the title "We will not withdraw!".U.S. catering companies are optimistic about China's huge market, KFC stores in China have exceeded 10,000, and McDonald's and Starbucks also plan to continue to expand their business in China.
According to reports, this month, with the opening of KFC's Beijing-Hangzhou Grand Canal restaurant, KFC has exceeded 10,000 stores in China. McDonald's plans to open about 3,500 new stores in China over the next four years. Starbucks has invested about 2$200 million to build an industrial park, its largest investment outside the United States.
The report pointed out that while some industries are trying to reduce investment in China, the fast food industry is optimistic about this market.
Burgers and lattes will not cause complex frictions between China and the United States like the high-tech industry. As 2023 draws to a close, U.S.-China relations seem to be stabilizing to some extent. Biden also reiterated that he does not want to see the world's two largest economies completely "decoupled".
U.S. Ambassador to China Burns said at an event in Washington a few days ago on the relationship between the two countries: "Reducing the risk?."Be. Decoupling?No. In her speech in Washington, Yellen also said that the United States does not seek to "decouple" from China.
However, economist Phil Levy has a question about the investment of American companies: "The US side defines the bottom line at **?".Some people may say that computer chips are not good, we can sell lattes and burgers, but what about things in between, such as car parts?”
Shu Jueting, spokesperson for China's Ministry of Commerce, said at a press conference on December 21 that the United States has repeatedly politicized and securitized economic, trade, and technological issues, abused export control measures, and restricted domestic enterprises from investing in China, which is forcing enterprises to give up opportunities in the Chinese market and win-win cooperation.