Despite concerns about human rights abuses and growing economic dominance over the United States, some of the largest American-owned corporations are planning to expand their operations across China.
Corporations like McDonald’s, Starbucks, Tyson Foods, Hormel Foods, Ralph Lauren, and Tapestry Inc. are planning to expand in China. Starbucks, in particular, is banking on rapid growth in the Chinese market to open thousands of new stores.
McDonald’s, meanwhile, opened about 700 stores across China in 2022 and plans to open another 900 this year — more than twice as many as it plans to open in the U.S. Tyson Foods, similarly, is planning to open three new food processing plants in China while Hormel Foods is also reportedly scheduling a large expansion.China-based media has reported that Hormel Foods will build a nearly $15 million food processing plant just outside of Shanghai, China.
to gut America’s working and middle class through job-killing free trade that has translated to economic dominance for the Chinese Communist Party .legislation to end China’s permanent normal trade relations status with the U.S. John Binder is a reporter for Breitbart News. Email him at [email protected]. Follow him on Twitter
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China is sitting on a trove of hacked American business and personal data, report findsEven as the Chinese spy balloon floated across the U.S., China-linked hackers were gathering far more information by breaking into computer networks in America and around the world, a new report says.
Leer más »
China responds to US report endorsing lab leak theory, accuses US of ‘smearing China’China dismissed a new report that COVID-19 most likely originated from a lab on Sunday, calling the claim a 'smear' from the U.S. despite months and years of research.
Leer más »
Russian Darknet Markets, Ransomware Groups Thrive Despite Sanctions, Report – Bitcoin NewsRussian darknet markets have continued to operate despite Western sanctions and efforts to shut them down, according to a new report.
Leer más »
Fauci says ‘we may never know’ origin of COVID despite lab leak reportA defiant Dr. Anthony Fauci pooh-poohed the US Energy Department’s conclusion that COVID-19 likely leaked from a Chinese lab – urging people to keep “an open mind” and saying “we may never know” th…
Leer más »