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KFC launches China campaign to rebuild brand

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A woman passes by a Kentucky Fried Chicken (KFC) outlet in Shanghai on January 9, 2013.  Chinese customers of KFC, the biggest fast food chain in the country, said they would still patronise it despite a government food safety investigation which has hit sales. US-based Yum! Brands Inc., whose portfolio includes KFC and Pizza Hut, said this week that sales in its key China market were forecast to fall more than expected in the fourth quarter in the wake of the probe into excess antibiotic levels in chickens.     AFP /PETER PARKS

KFC launched a campaign Monday to rebuild its battered brand in China, promising tighter quality control after a scandal over misuse of drugs by its poultry suppliers.

Posted: February 25th, 2013 in Latest Business Stories | Read More »

China overtaking US as global trader

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In this Nov. 27, 2012, photo, a customer checks bottles of imported wine at a supermarket in Beijing, China. Rising incomes have driven demand for wine and other luxury goods, making China a lifeline for European and American vineyards when the global crisis battered traditional markets. AP PHOTO/ALEXANDER F. YUAN

Shin Cheol-soo no longer sees his future in the United States.

Posted: December 3rd, 2012 in Latest Business Stories | Read More »

World Bank cuts Asia growth outlook for this year

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AFP FILE PHOTO

The World Bank cut its growth forecast for Asia on Monday in a new sign of the impact of weakening global demand and warned China’s cooling economy faces the risk of a “more pronounced slowdown.”

Posted: October 8th, 2012 in Latest Business Stories | Read More »

China’s trade growth weakens amid economic slump

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A souvenir shop employee dressed up as the Chinese God of Fortune holds a paper-made gold ingot in front of the shop to attract customers on a shopping street in central Beijing, China, Monday, July 9, 2012. China's inflation fell to a 29-month low in June, giving Beijing more room to fight a deepening economic slowdown. (AP Photo/Alexander F. Yuan)

China’s trade growth decelerated sharply in June as a slowdown in the world’s second-largest economy deepened despite stimulus efforts.

Posted: July 10th, 2012 in Latest Business Stories | Read More »

China inflation falls, giving leeway for stimulus

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A souvenir shop employee dressed up as the Chinese God of Fortune holds a paper-made gold ingot in front of the shop to attract customers on a shopping street in central Beijing, China, Monday, July 9, 2012. China's inflation fell to a 29-month low in June, giving Beijing more room to fight a deepening economic slowdown. (AP Photo/Alexander F. Yuan)

China’s inflation fell to a 29-month low in June, giving Beijing more room to fight a deepening economic slowdown.

Posted: July 9th, 2012 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

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