McDonald’s warns of big hit from China meat scandal
Published on Aug 5, 2014 2:06 AM
NEW YORK (AFP) - McDonald’s said Monday that a recent scandal over expired meat from a Chinese food supplier has had a “significant negative impact” on sales in China, Japan and some other markets.
The fast food giant also said it was working to regain customer confidence in a region that accounts for 10 per cent of its revenues.
On July 21, Shanghai officials shut the Shanghai Husi Food Co. following a television report alleging the plant mixed out-of-date meat with fresh product.
Chinese police later detained five Shanghai Husi officials.
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