QSR, Restaurant and Food Service Trends from Beijing

September 19, 2008

Starbucks and KFC are drawn into China's tainted milk scandal

STARBUCKS and KFC have admitted using products from firms affected by China's tainted milk crisis. The news cames as Hong Kong ordered recalls of ice creams found to be contaminated with melamine, the compound responsible for killing four babies in a h...

June 30, 2008

Competition gearing up in China's fast food industry

In a nation that has taken pride in the delicacy and diversity of a cuisine which dates back thousands of years, it is astonishing that foreign fast food chains like Kentucky Fried Chicken (KFC) and McDonald's have dominated the fast food industry in ...

June 26, 2008

McDonald's raises prices in China

There's no escaping rising inflation - signs of it are everywhere. The latest sign could be in your meal at a fast-food outlet. McDonald's, the world's largest fast food chain, yesterday raised its prices in China, for the second time this year, fo...

April 23, 2008

Burger King Plans Rapid China Growth Over 3 Years

Burger King Holdings Inc, the world's No. 2 hamburger chain, is looking to open several hundred restaurants over the next three years in China, where it now has only 12, a senior executive said on Monday, as it seeks to narrow the gap with rival McDona...

March 23, 2008

Yum! Brands registra incremento del 30% en ganancias en China en 2007

Yum! Brands Inc, el mayor operador de cadenas de comida rápida del mundo, registró un alza del 30 por ciento en sus beneficios en el mercado chino durante el año pasado. El volumen de negocios del operador de los establecimientos de KFC, Taco Bell y...

March 21, 2008

Yum! Brands reports 30% profit jump in China last year

Yum! Brands Inc, the world's largest fast food chain operator, realized a 30 percent profit increase in the Chinese market last year. The operator of KFC, Taco Bell and Pizza Hut stores in China registered 21.5 billion yuan (about 3 billion U.S. dollar...

February 25, 2008

McDonald's Quietly Raises Prices In China

McDonald's quietly published new price quotes at its outlets starting Feb. 23, involving rises of between 5% and 10%, or 0.5 yuan to 1.5 yuan, for almost all products: burgers, soft drinks, French fries. This followed three separate price increases las...

January 29, 2008

McDonald's says to open 150 outlets in China in '09

McDonald's Corp, the world's largest fast-food chain, plans to open 150 outlets in China in 2009, the company's top China executive said on Tuesday, as competition heats up in the rapidly expanding market. The company expects to maintain 15 percent ann...

January 29, 2008

McDonalds dice que aumentara presencia en China

McDonald's Corp, la mayor cadena de comida rápida del mundo, está incrementando su presencia en China gracias al aumento tanto de los ingresos como del apetito por la comida occidental, tendencias que también han identificado sus rivales. McDonald's ...

December 23, 2007

Profile of Jerry Schafer, VP and COO at McDonald's China

It's a long way from the east side of Detroit to the east side of China, but that's the story of Jerry Schafer's career under the Golden Arches. Schafer, 53, is senior vice president and chief operating officer at McDonald's China. He grew up in the ...

November 24, 2007

McDonald's takes slow-growth path to expansion in China

For years, McDonald's Corp. executives have boasted of endless opportunities in China, one of the largest untapped regions for the world's biggest burger chain. Yet the Golden Arches' brain trust isn't lovin' it enough to ramp up expansion in one of ...

October 21, 2007

Gain Report: Potato and Frozen Potato Products in China 2007

China fresh potato production in MY07/08 is forecast at 75.6 million tons, up 5 percent from the previous year as a result of growing consumer demand. Average fresh potato prices have risen 15 percent annually over the previous three years. Processed ...

September 11, 2007

McDonald's hastens development in China to take bite out of Yum Brands

For nearly two decades in China, the KFC logo has enticed the hungry with the promise of juicy, crispy chicken. Now, Yum Brands Inc. - which owns KFC and Pizza Hut as well as Taco Bell in the U.S. - has some competition for the cravings of Chinese dine...

August 06, 2007

McDonald's Aims to Boost China Image With Wage Rise

McDonald's Corp. is raising wages and adopting new uniforms, stepping up efforts to burnish its image as an employer in China amid tightening labor laws and scrutiny by China's government-backed trade union. McDonald's said it will raise wages for its ...

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