Why the Ownership of McDonalds China Should Scare KFC China (i.e., Yum!)

McDonalds China was 80% sold (franchised really) to the Carlyle Group, Citic Capital and Citic Group. And the sale was shortly after the spin-off of Yum! China (i.e., KFC and Pizza Hut). But there is a big difference in ownership between the two. And my take is this should scare Yum! China. Here’s why: Point […]