KFC launches China campaign to rebuild brand
By Joe McDonald
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.
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.
Shin Cheol-soo no longer sees his future in the United States.
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.”
China’s trade growth decelerated sharply in June as a slowdown in the world’s second-largest economy deepened despite stimulus efforts.
China’s inflation fell to a 29-month low in June, giving Beijing more room to fight a deepening economic slowdown.
The World Bank warned Wednesday of a possible slump in global economic growth and urged developing countries to prepare for shocks that could be more severe than the 2008 crisis.
China’s surging inflation accelerated to a three-year high in June even as the overheated economy began to cool.
BEIJING—Surging inflation that helped trigger protests in Shanghai is prompting China’s leaders to turn to a tool they long resisted: speeding up the rise of the country’s tightly controlled currency. Rising prices are a political threat to China’s communist leaders and they have declared taming inflation their priority. But they suffered a setback in March, [...]
