Yum looks to China as its growth leader

LOUISVILLE Ky. Yum! Brands' China division will lead the company's growth this year with a 20 percent increase in operating profit, chairman and chief executive David Novak said during a conference call with stock analysts. He projected that KFC would add 300 units to its current 1,700 in mainland China; Pizza Hut would add 70 of its casual-dining-style outlets and 20 of its home-delivery units; and that Yum's Chinese concept East Dawning would add an unspecified number of restaurants ...

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