“20,000 stores in China by 2026 is the target” – Joey Wat, Yum China’s CEO

Yum China Holdings recently held its investor day, themed ‘Resilience.Growth.Moat’, and its CEO, Joey Wat, struck quite an optimistic tone about the future of the company. Speaking to Bloomberg, Wat mentioned that China’s economy is valued at $17 trillion, which is around 18 per cent of global GDP, so the scale of the economy gives Yum China a tremendous advantage in their operations. She also revealed that the company has about 445 million customers, which is roughly equivalent to the ent

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