Potato News from China

McDonald's Corp has begun offering home delivery in Shanghai, aiming to build a model in China to boost sales and help it catch up with rival Yum! Brands in the world's most populous country. McDonald's has built up a fleet of 300 motorcycles over th...

McDonald's quietly published new price quotes at its outlets starting Feb. 23, involving rises of between 5% and 10%, or 0.5 yuan to 1.5 yuan, for almost all products: burgers, soft drinks, French fries. This followed three separate price increases las...

According to the Chinese state press, the Ministry of Commerce has started to impose an anti-dumping tax on potato starch imported from the European Union since yesterday. Importers of potato starch are required to pay an anti-dumping tax of 17 to 35%....

Yum Brands Inc., which operates the KFC, Taco Bell and Pizza Hut chains, says fourth-quarter profit slipped almost 1 per cent as strong sales in Chinese and international divisions mostly countered the impact of higher costs.

McDonald's Corp, the world's largest fast-food chain, plans to open 150 outlets in China in 2009, the company's top China executive said on Tuesday, as competition heats up in the rapidly expanding market. The company expects to maintain 15 percent ann...

McDonald's Corp, la mayor cadena de comida rápida del mundo, está incrementando su presencia en China gracias al aumento tanto de los ingresos como del apetito por la comida occidental, tendencias que también han identificado sus rivales.   McDonald's ...

China Petroleum &Chemical Corp (Sinopec) and McDonald's Corp have opened their first combination service station and restaurant in Beijing, the Shanghai Business Review reported, citing sources.

With its Chinese lettering and unremarkable name, the fast-food outlet in a Shanghai shopping mall looks like many others selling local fare. East Dawning is crowded with customers on this winter evening, and they're sampling a menu that includes pork ...

It's a long way from the east side of Detroit to the east side of China, but that's the story of Jerry Schafer's career under the Golden Arches. Schafer, 53, is senior vice president and chief operating officer at McDonald's China. He grew up in the ...

Burger King, now making up for years of soggy growth and a decaying global business, is plotting an expansion into Asia in the coming half-decade to narrow the gap with arch-foe McDonald's. Chief Executive John Chidsey told Reuters on Thursday that the...

Wal-Mart Stores Inc (WMT.N), the world's biggest retailer, said it will keep expanding in China at more than 30 percent annually, as it won government approval to open its 100th store in the fast-growing consumer market. The U.S. retail giant currently...

El gobierno chino detuvo la importación de papas fritas de la firma multinacional Procter &Gamble luego de detectar una sustancia prohibida en las mismas.

Procter & Gamble said a small shipment of its Pringles-brand potato chips rejected by Chinese quality inspectors involved a product not designed for release in the China market. Charles Zhang, a Guangzhou-based spokesman for the company, told XFN-As...

Pringles potato chips are not made with an additive banned in China, Procter &Gamble Co, which markets the potato chips, said on Friday. China state media had reported on Friday that a batch of chips had been blocked from import. The batch of bar...

Packets of the popular snack Pringles were Wednesday removed from Hong Kong supermarkets after tests in mainland China found them to contain a cancer-causing chemical. Barbecue-flavoured packets of the potato crisps were taken off sale in Wellcome, one...

China will soon set up a potato research center for the Asia-Pacific region.The move shows the world's biggest producer and consumer of the tuber is committed to spending more on global agricultural research.The new center will be part of Peru-based In...

For years, McDonald's Corp. executives have boasted of endless opportunities in China, one of the largest untapped regions for the world's biggest burger chain. Yet the Golden Arches' brain trust isn't lovin' it enough to ramp up expansion in one of ...

International Dairy Queen Inc, a U.S. ice cream chain, will boost its outlets in China by adding 500 stores in the next five years, banking on the potential growth in ice cream consumption by an increasingly affluent population.     The company, contr...