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Report: China wants to buy Yum China

China Investment Corp. wants to buy a majority stake in Yum! Brands' China business

Yum China could become a Chinese company — literally.

According to Bloomberg, China Investment Corp., a sovereign wealth fund that manages the country’s foreign exchange reserves, wants to buy as much as 100 percent of Yum! Brands in China.

“We continue to make good progress since we announced the transaction sepa

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