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Here's what I learned from working at McDonald's for 4 years - Business Insider
Given the huge market share, the buyout is intended to counter it slowing sales in the US and establish China as its home market outside of the US. Much of what Starbucks and McDonald’s have achieved in China is the result of their partnership with local operators.What is important for businesses to learn is that pursuing a JV strategy in China works differently for different businesses at different times.

From 18–22 I spent four years working at McDonalds

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McDonald’s soured relationship with CPRL has undermined their past success in India. Foreign businesses looking to partner with an Indian company can learn from their example on how to vet and plan a JV in India.

 

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McDonald’s initial success in India was due to properly functioning JVs; their downfall is, in part, the result of an unhealthy JV. Foreign investors can learn from McDonald’s example: properly vet Indian partners, ensure all partners’ interests are adequately aligned, and formalize those interests in a comprehensive contract.