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Has KFC been taken over by China?
KFC was taken over by China.

It is not difficult to see from the ownership structure of McDonald's that CITIC will become the controlling shareholder of McDonald's China, and CITIC is an out-and-out state-owned enterprise. In other words, starting from today, it is actually state-owned enterprises that eat at McDonald's.

Not the whole KFC. KFC reached an agreement with yumbrands, the parent company of Pizza Hut, to sell part of its business in China market to Chunhua Capital and Ant Financial for US$ 460 million. Subsequently, Yum! China officially announced that Yum! Group was split and listed! The investment of China Commerce, Chunhua Capital and Ant Financial is expected to be completed simultaneously on1October 365438+265438+265438. After that, delicious! China will be listed and traded on the new york Stock Exchange as an independent company on 10+265438+265438+265438.