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Transcripts For BBCNEWS Asia Business Report 20170706

Business news live from singapore. The owner of kfc, pizza hut and taco bell in china reports of strong profits thanks to hungry consumers. And handmade guitars from the philippines. Turning to the internet to save a vanishing craft. Good morning, asia and hello, world, glad you could join us for this edition of Asia Business report. It has been 30 years since the first Kfc Restau Ra nt 30 years since the first kfc restaurant opened in china. The company has come a long way and its owner reported its latest results and the profit is up by nearly 40 other than kfc it also owns pizza hut and taco bell. There are more than 7600 outlets throughout the mainland. Consumers have shown their appetite for western style Fried Chicken and pizza. Spinning off its China Business has certainly paid off. The sceptics were wrong. If you look at china there is a yen to spend. Not only do they have a yen to spend they also have you won. What we are seeing is that chinese Consumers Want to spend money. Y

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