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McDonald's Suspends Meat Shipments in Asia After Safety Scare

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Mark Melin
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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 Suspends Meat Shipments in Asia After Safety Scare

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...

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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.