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Chickens on chemical-laced feed supplied to KFC & McDonald’s in China
(Reuters, 20 Dec) - Food safety authorities have shut down two chicken farms in eastern China, including one that supplied Yum Brands Inc's KFC and McDonald's Corp, the official Shanghai Daily reported on Thursday. The closures come after a report by state television earlier this week that some poultry suppliers in Shandong...

GIC-backed Li Ning warns of big loss, takes knife to inventory woes
Reuters- Dec 17, 2012 Sportswear firm Li Ning Co Ltd warned it will post a substantial 2012 loss as it racks up as much as $288 million in expenses under a plan to buy back inventory from distributors, one of the thorniest problems facing retailers in China. China's economic slowdown has resulted in inflated stock levels and...
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