Food Safety Concerns drop revenue for McDonald in China and Japan
(NAFB)--McDonalds reports a significant negative impact in China and Japan stemming from food safety issues discovered last month with a supplier. In a Securities and Exchange Commission report, McDonalds revealed a 10 percent revenue loss in China, according to Meatingplace. A two month investigation by a Chinese television report revealed the supplier, Shanghai Husi(HOO-shee), used expired meat to make products sold to McDonalds and other restaurants, like KFC, in China. McDonalds pulled several items off their menu in response and is currently working to replace those items from another supplier. McDonalds is the second largest fast-food restaurant in China by market share, behind KFC.