date:Jan 29, 2013
h 1.3 billion people and growing, China has nearly unlimited potential for growth, and the companys goal of double-digit growth sounds very reasonable indeed.
For those worried about a possible relapse of the recession, Yum! actually does well in hard economic times. When money is tight, people seek lower-cost options for everything they consume, so they tend to eat at Pizza Hut rather than Olive Garden, buy clothes at Target instead of Gap, and groceries at Wal-Mart instead of Whole Foods. I