Yum Brands will open its first Taco Bell restaurant in China later this year, Reuters reports.
The Chinese outpost of the QSR brand will open in Shanghai, Yum CEO Greg Creed said at a conference Tuesday, according to Reuters.
Yum previously said that Taco Bell has a great deal of potential in China, a country in which the parent operates nearly 7,000 Pizza Hut and KFC units. After much speculation that it would do so, Yum announced in October that it would spin off the struggling China division of its business into a separate company.
Read the full story via Reuters.
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