evidence: The claim: China owns Taco Bell, KFC and Pizza Hut A viral Facebook post claims that China now owns a handful of well-known American fast food restaurants, including Taco Bell, Pizza Hut and KFC. The Feb. 25 Facebook post, which has been shared more than 300 times, reads "Am I the only person that didn't know that CHINA owns KFC, TACO BELL and PIZZA HUT??"