The Traderszone Network

Published in TZ Latest News 21 July, 2014 by The TZ Newswire Staff

McDonald’s, Yum halt buying from Chinese meat supplier

McDonald’s Corp. (MCD) and Yum! Brands Inc. (YUM) halted buying meat products from a Shanghai supplier while authorities investigate allegations that the company sold chicken and beef past its expiration date. McDonald’s asked all its outlets to stop using products from Shanghai Husi Food Co., according to statements on the companies’ official Chinese microblog yesterday. Yum’s KFC and Pizza Hut restaurants did the same, the company said in a separate microblog statement.

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