“we certainly think that we're going to continue to see good comp performance in that market as consumer wealth and GDP continue to grow mid-single digits.”

In context

“from our development aspirations and we would expect to do something similar in 2024 from that standpoint. So overall headline is feel good about what we're seeing in China and the progress in growth. Certainly, in China, as you've read about and seen it with a number of other companies, consumer sentiment in the country is a little bit more under pressure right now. And that is leading to -- in Q4, in particular, we saw the environment get more promotional. We didn't necessarily follow that, but certainly the environment is getting more promotional. And our focus is on making sure that we remain competitive. So we're going to do what we need to do to maintain our competitiveness in that market. But if you think about the overall macro trends in China, I talked about this at Investor Day, we certainly think that we're going to continue to see good comp performance in that market as consumer wealth and GDP continue to grow mid-single digits. We think there's going to be an opportunity for us to continue to build out development and penetration in that market to many places where we don't really have McDonald's presence. So overall outlook on China for us continues to be very robust, which is why we increased our stake, as Ian mentioned. Ian Borden: I might just add on a couple of things to Chris. I mean first, I would just acknowledge the team and our team in China, we opened just over 1,000 restaurants in 2023, which was an all-time high for us. And as Chris mentioned, as we talked about in our remarks, we completed the acquisition of the additional 28% to take our stake to 48% at the end of January. And I think we continue to remain really optimistic about the long-term opportunity there and our ability to have an increased”