Yum China Holdings, Inc.
A restaurant company that runs KFC, Pizza Hut, and other dining brands across mainland China, making it one of the world's largest restaurant operators. It was spun off from the American parent Yum! Brands in 2016 to run the China business independently. Its roots trace to 1987, when the first KFC in mainland China opened in Beijing near Tiananmen Square — the first U.S. fast-food outlet in a communist country, and at the time the largest KFC in the world.