Could you give your source on MCD being forced to spin out their stores? In US 90% of the stores are owned by franchisees, not MCD https://www.mcdonalds.com/us/

Could you give your source on MCD being forced to spin out their stores? In US 90% of the stores are owned by franchisees, not MCD https://www.mcdonalds.com/us/en-us/about-us/franchising.html https://www.mcdonalds.com/us/en-us/about-us/franchising.html Why should China be different? You said "Wang Jianlin had touted that he'd personally chase Disney from China, and that his parks would dominate instead. Disney really had no choice but to acquiesce and partner up." I pointed out that the partnership with Shanghai predated Wang's boast by many years. If you didn't mean to imply some kind of causal relationship between the two you may want to clarify.