McDonald's not happy with China's store performances

Reuters: McDonald's Corp. is not satisfied with how its fast-food restaurants are performing in China but is content to grow slower there than it has elsewhere, the head of the company's Asia unit said on Tuesday.

 

"I'm not into a numbers game. We did that years ago ... 'build it and they'll come'," Tim Fenton, president of McDonald's Asia-Pacific, Middle East and Africa unit, told reporters at a media event in Hong Kong. "I'm about getting it right, because that's a decision that will last 20 years."