KFC Rules the Roost in China <b></b>

Li Yang, China-Since becoming the first foreign fast-food chain to enter China in 1989, Dallas-based Tricon Global Restaurants Inc., parent company of KFC, Pizza Hut and Taco Bell, has built 490 KFC stores in 120 Chinese cities, nearly all company-owned, and is still expanding.

In 1993, Tricon allowed the establishment of the first Chinese KFC franchise in Xian. Chinese franchisees must have at least $1 million to invest in the license, have restaurant experience, are required to purchase an operating KFC restaurant and cannot operate in China's biggest cities, where company-owned restaurants dominate the turf.

In China, an Original Chicken meal costs nearly $3, the equivalent of six hours of work for the average person. Despite that bar, KFC's China operations claim the highest per-store sales in the world, 20 percent above the U.S. - Los Angeles Times

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Business Solutions

Learn How to Use ChatGPT to Automate Your Business

Streamline operations, boost productivity, and future-proof your skills with 25+ hours of hands-on training for just $19.97.

Making a Change

More Than 1,000 Business and Tech Courses Can Be Yours Forever for Just $20

Add coding, marketing, and finance skills to your title with this constantly updated course bundle.

Growing a Business

How the Next Generation of BIZ Experiencess Is Outpacing Us — and Why

Today's founders are flipping the script and redefining how startups are built.

Science & Technology

Stop Using ChatGPT Like an Amateur — Turn It Into a $100K Business Strategist

I used one ChatGPT prompt to uncover exactly why my funnel wasn't converting — and how to fix it.

Business News

Intel Is Laying Off 33,000 Employees in Turnaround Plan: 'Scale Back the Company'

Intel CEO Lip-Bu Tan stated that the layoffs followed a "systematic review" of the company's headcount and spending.