McDonald’s Corporation (NYSE:MCD) is not a happy place in China right now, its third largest market. The fast food giant has suspended the sale of chicken nuggets after a weekend report by China’s Dragon TV accused a meat supplier of selling expired and tainted product. McDonald’s: Shanghai Husi is at the center of a food scare McDonald’s Corporation (NYSE:MCD) said it imported certain meat products from Shanghai Husi, a Chinese joint venture with US-based OSI Group, from July 2013 to June 2014, that is at the center of a food scare. Five employees at Shanghai Husi Food have been detained by Chinese authorities,…
McDonald's Suspends Meat Shipments in Asia After Safety Scare
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.