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McDonald's raises prices in China

  • Staff Reporter
  • 2012-01-20
  • 14:32 (GMT+8)
McDonald's is raising the price of a Big Mac in China by 1 yuan (US$0.17). (Photo/CNS)

McDonald's is raising the price of a Big Mac in China by 1 yuan (US$0.17). (Photo/CNS)

Global fast-food chain McDonald's has raised the prices on some of its menu items, the Beijing News reports.

"The prices increases became effective Jan. 12," a spokesman for McDonald's said. "The increases range between 0.5-2 yuan (US$0.08-$0.32)."

Beijing News said that the price for a Big Mac jumped from 17.5 yuan (US$2.77) to 18.5 yuan (US$2.93), while a McChicken sandwich will now cost eight yuan (US$1.23), up from seven yuan (US$1.11). It is the sixth time McDonald's has raised its prices since 2010.

KFC, McDonald's major competitor in China, said it has no plans to raise its prices after a hike last October.

Who's Who

  • Qin Yizhi (秦宜智)

    Qin Yizhi (秦宜智)

    Qin Yizhi is first secretary of the Communist Youth League of China and an alternate member of the 18th CPC Central Committee.A native of Xinxiang in ...