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Asia consumers shun McDonald's after food scare

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A collapse in McDonald's sales in Asia sparked by a food scare will take a bite out of company profits this quarter, according to CNNMoney.

Sales at existing locations in Asia, Africa and the Middle East fell 14.5 percent in August, following reports of tainted meet at a supplier for the chain's Japanese and Chinese eateries.

While specific numbers for China were not available, McDonald's Japan operation reported that August sales were down nearly 26 percent.

Read more from CNNMoney.

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