There are many cultural differences in many countries it might be possible in one country the people perception and thinking has the difference from one country to another. McDonald started his business in China in the year 1992. They started their first restaurant in Beijing. The restaurant was started from the corner of the street which was named as Wangfujing Street. This is the location which is the in the heart of the capital of China and it is very suitable for starting the business of fast food in the country. The McDonald started his operation there after the two years when sales were on the peak and it was more than the expectations. Suddenly some officials came from the government and accounted that the McDonald have to vacate the restaurant because it is owned by someone else where the commercial plaza have to be build by some Hong Kong companies.
So McDonald took the land from the government for the twenty years lease and there is still lot of time in completion of lease. They involved the government to take the lease back. The court did not help them and refused to enforce the lease agreement. The court favored to their people and the McDonald has to face great loss.
So McDonald took the land from the government for the twenty years lease and there is still lot of time in completion of lease. They involved the government to take the lease back. The court did not help them and refused to enforce the lease agreement. The court favored to their people and the McDonald has to face great loss.
