Economy

McDonald's Changes Its China Company Name to 'Golden Arches'

However, in recent years the fast food chain has struggled to maintain its growth momentum in China as more prosperous, health-conscious consumers seek alternative dining options.

The name Golden Arch is derived from the shape of the McDonald's logo.

Eventually, McDonald's was forced to release a statement on Weibo, reassuring its customers that restaurants in China would continue to go by the well-recognized "Maidanglao" label, a rough transliteration of the company's English name, which originated decades ago in Hong Kong. The decision came after McDonald's sold parts of its China business to a new company that plans to expand to about 4,500 locations throughout the location.

It was stated that despite the altered company name, the name of its chain restaurants will not be changed and its daily business would not be affected. Regardless, the name change seems to have prompted confusion on social media in China.

According to CNN Money, the global fast food chain is changing from Maidanglao, meaning McDonald's, to Jingongmen, roughly translated to the chain's nickname, "Golden Arches". "Are you sure the food is edible?" asked LEON0221 on Weibo.

This weekend, why not head down to the old "Golden Arches" for some tasty Golden Archnuggets or a Big Gol?



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