In the news: Yum Brands goes upmarket, Sina gets scolded over lack of censorship and taxes follow Alibaba shares

This week Yum opened a high-end restaurant to revive its China sales, regulators threatened to shut down Sina's news services and Alibaba faced tax payments as its second lock-up expired

4 minute readApril 14, 2015 at 10:40 AM

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Yum seeks China revival with upmarket restaurant

Yum Brands, owner of KFC and Pizza Hut, is testing new concepts and menus at its high-end Italian eatery Atto Primo on Shanghai's Bund as it tries to arrest a slump in revenue.

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