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McDonald’s China is now wholly owned by Chinese investors. Starbucks has been trying to get rid of their state mandated JV partners for more than 15 years now.


McDonald's decided to sell most of its stake in 2017. It wasn't forced to. After the sale, McDonald's China was 52% Chinese-owned, and 48% American-owned. The latest news is that the Chinese group is trying to divest itself from McDonald's.

Starbucks entered the Chinese market in 1999, when there were still JV requirements in its sector. Those requirements have been removed, and Starbucks bought out its Chinese JV partner in 2017.




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