The Rising Influence of Rising Affluence

[DewDiligence]

Barron’s feature on YUM says that 35% of company’s profits come from China:

http://online.barrons.com/article/SB50001424053111904148504579406814271264166.html

If I recall correctly, YUM’s proportion of profits from China was 50-60% before the 2012 debacle where YUM lost market share due to the purportedly excessive use of antibiotics in its chickens. If this is correct, it implies that YUM’s recovery has left it below its prior share of the Chinese market.