KFC and McDonald's are two of the few American brands pushing hard into China as the local economy slows down.
Getty Images; Alyssa Powell/BI
- As other investors flee China, KFC and McDonald's are planning their most ambitious expansions there.
- Both enjoy premier positions in China's fast food market, but the country's economic outlook remains dim.
- They're honing in on lower-tier cities, where they bet a new middle class will emerge.
There's a common phrase...