China

KFC China to begin selling plant-based fried chicken

It will be sold at three outlets for a limited time.

McDonald's China apologises for banning Africans in Guangzhou store

The chain said the sign, which circulated on social media, is "not representative of our inclusive values”.

Starbucks expects China business to “fully recover” over the next two quarters

The decline of comparable store sales in March was less compared to February.

Yum China completes acquisition of controlling stake in Huang Ji Huang

The acquired brand operates 640 restaurants through a franchise model.

Yum China reopening stores as it sees “early signs of recovery”

Almost all stores that remained open since the start of the COVID-19 outbreak experienced “significant” declines in sales.

Starbucks to invest US$130m to build largest overseas roaster in China

The coffee chain shrugs off worries about the long-term impact of the COVID-19 outbreak.

Starbucks expects Q2 sales in China to drop by 50% due to COVID-19 disruption

But it assured investors that it is seeing “signs of recovery”.

In numbers: interest in Chinese, Italian cuisine sink amidst COVID-19 outbreak

China and Italy are some of the most hard-hit markets by the outbreak.

SSP Group forecasts February revenue hit of up to £12m due to COVID-19

The group observed sharp declines in air passenger numbers in Asia Pacific.

Nayuki mulls US IPO: report

The Chinese bubble tea chain seeks to raise as much as US$400 million.

Yum China makes donation to Wuhan hospital workers

The QSR company also launched an upgraded range of corporate catering solutions.

Luckin Coffee slams anonymous report on alleged fraud

The China-based coffee chain said it is taking “appropriate” actions on the matter.

Yum China's same-store CNY sales down almost half amidst Wuhan virus outbreak

The restaurant operator has also introduced contactless delivery services amidst slumping dine-in traffic.

Yum China launches new fund for management team's families

This follows the company’s existing family care program for their general managers.