KFC, Pizza Hut’s China owner plans stores in country’s ‘untapped’ smaller cities as consumers tighten belts amid slowing economy

Source: China – South China Morning PostYum China Holdings, which owns the KFC and Pizza Hut restaurant chains in mainland China, plans to open more stores in ‘untapped’ parts of the country where it hopes its low-price strategy will appeal to vast numbers of less affluent customers.Read More