Yum China Holdings Inc

Yum China CEO says consumers are growing more ‘rational’

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A KFC restaurant in Wuhan, China. Source: Yum China While economists and investors fret over China’s low consumer confidence and sluggish growth, Yum China CEO Joey Wat says the Chinese consumer is growing more rational — and has been for years.   Weighed down by investors’ concern about the broader Chinese economy, shares of Yum … Read more

China gross sales assist Starbucks, Yum, MGM, Disney, Tapestry

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Pedestrians stroll previous Yum! Manufacturers Inc. Pizza Hut and KFC eating places in Shanghai, China. Qilai Shen | Bloomberg | Getty Pictures China is abandoning pandemic lockdowns, and U.S. firms like Procter & Gamble, Starbucks and MGM Resorts Worldwide say the nation’s restoration is boosting their total gross sales as shoppers of their dwelling markets … Read more