Opinion: Tim Hortons double-doubles down in China

Tim Hortons is going where the growth is: east to China. The Canadian institution announced it will expand its portfolio of 4,700 restaurants by signing a joint venture partnership with a Chinese-based equity firm. Tim Hortons currently has locations in the U.S., the Arab Emirates, the Philippines and the United Kingdom, and it intends to open 1,500 new restaurants within the next decade. By 2028, almost a quarter of Tim Hortons restaurants will be in China.
Cartesian Capital, the equity firm pa