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Yum Brands Blames South China Sea Dispute For Weak Sales In China

Investors who were looking forward to Yum Brands' October 31 spinoff of its China division were just thrown a splash of cold water -- one that came in the form of the company's third quarter earnings report. Though the company reported worldwide same store sales growth, its soon-to-be spun off China division proved to be enough of a drag on operations that Yum executives blamed its performance on an ongoing dispute over the South China Sea.
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