China

McDonald's China adds first plant-based meat options

McDonald's China adds first plant-based meat options

It is currently rolled out across outlets in Shanghai, Guangzhou, and Shenzhen.

Yum China acquires 5% equity interest in chicken producer Sunner

The company has long been Sunner's largest customer.

Arabica opens first cafe in Shenyang, China

This is the chain’s 82nd store overall.

Tim Hortons China eyes 200 additional stores after fresh investment

Since entering China two years ago, Tim Hortons has opened more than 150 shops in 10 cities.

Luckin Coffee files for bankruptcy in the U.S.

It asked a federal judge to allow it to restructure its finances through a court case filed in the Cayman Islands, where the company is incorporated.

KFC, Pizza Hut sales in China down 4% in 2020

Yum China said performance was impacted by regional resurgences of COVID-19.

McDonald's to invest US$380m in Chinese coffee market, eyes 4,000 McCafé outlets by 2023

It currently operates more than 3,600 restaurants across the country.

McDonald's China to spend US$14.7m in talent training programme

The fast food giant has partnered with over 40 schools so far.

Luckin Coffee, associated firms fined nearly US$9 million over accounting fraud

The chain was also found to have engaged in anti-competitive practices.

Starbucks China opens store made of shipping containers

The coffee giant has introduced the container outlet model in the U.S. and Taiwan.

Costa Coffee to close more stores in China following strategy adjustment: report

The chain recently announced plans to lay off 1,650 UK-based staff.

Nayuki to ditch plastic straws by end-2020

The chain is also looking to cut down on paper consumption.

Haidilao opens second UK site at The O2

A third location is slated to open by early 2021.

Yum China opens first Taco Bell store in Beijing

This is the chain’s first store in the capital.

Yum China's second Hong Kong listing to take place in September

It operates 10,000 restaurants in over 1,400 cities across China.