McDonald’s is a household name as a restaurant chain. Nowadays, there are approximately 38,000 McDonald's restaurants globally, serving 68 million consumers daily. McDonald’s made its first foray into the Chinese mainland in 1990 and has then turning it into its second largest and fastest growing market worldwide. In 2017, with the support of CITIC and Carlyle, McDonald's franchises in China began to flourish. As of June 2021, McDonald's has 4,000 restaurants, creating over 180,000 jobs.