How does the KFCs & McDonald's in China work?

Question

I read on the internet that there are about 1000 American fast food restaurants in China. But I always thought that China is a communist state and they have a planned economy. Under a planned economy there is nothing as 'private property' and things are given by the state.

So how do their KFCs & McDonald's work? Do the government pays the company to give out the food or is it only for the top members of the communist party?

Answer 1

China has been moving away from a planned economy since the 1980s.  Private enterprise is thriving and western fast food chains are just one example of it.

Answer 2

China does not respect COPY WRITE and patent laws in general. These outlets are state-owned and have nothing much to do with the parent companies. There have been lots of lawsuits about this and compromises have been made.

Answer 3

KFCs and McDonald's in China are more likely privately owned but the communist system controls the economy.  Communism does not mean that all businesses in the China are owned by the state because it is only an economic system.