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
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