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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.

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