AFTER SCANDALS, YUM BRANDS IS TO SPLIT ITS CHINA BUSINESS

For a long time, KFC and Pizza Hut (owned by Yum Brands Inc.) have been amongst the most successful foreign businesses in China. This Kentucky based group entered China in the late 1980s through their KFC brand. Back in the 1987, it was one of the first foreign fast-food chains to set up operations in the PRC.