Citic plans to open 1,500 McDonald’s restaurants in five years, if its takeover deal is approved. Photo: AFP

McDonald’s to target growth in smaller Chinese cities after Citic deal closes, says chairman

More than half of the 1,500 new restaurants will open in third and forth tier cities on the mainland

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Citic plans to open 1,500 McDonald’s restaurants in five years, if its takeover deal is approved. Photo: AFP
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