McDonalds Shanghai

McDonald’s seeking partners to grow in China, Hong Kong, Korea

Operator plans to open 1,500 restaurants in region over next five years

McDonald’s Corp., long a second fiddle in China to Yum! Brands Inc.’s KFC brand, wants to accelerate growth in the quickly growing economy, and hopes that a strategic partner will help accomplish that goal.

The Oak Brook, Ill.-based quick-service operator said Thursday that it is seeking strategic partners in China, Hong Kong and Korea as part of an effort to accelerate growth there, with plans to add 1,500 locations over the next five years. 

Such partners would enabl

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