Five Guys to open in Beijing as more US chains hunger for success in China

Five Guys eyes Beijing as US chains hunger for success in China

Unlike earlier attempts that relied on management by overseas headquarters, US firms now favour franchising, analyst says.

Five Guys to open in Beijing as more US chains hunger for success in China

American burger chain Five Guys will debut its first Beijing store next month, the company said last week, joining a group of US fast-food brands newly entering or accelerating their expansion in China. Chains including Wendy’s, Chili’s, Texas Chicken and Popeyes are hoping to grab a slice of the…