08/24/2021 18:26 Aug 24 (Reuters) – Tim Hortons China will create a separate entity of the coffee and fast-food chain to safeguard customer data, the blank check firm, through which it aims to list in the United States, said. The new entity, referred to as "NewCo" in the filing https://bit.ly/3gtZfNG from earlier this month, will be incorporated in China. Tim Hortons China will not own any stake in the entity. The local unit will instead enter into a long-term contract with Tim Hortons China to provide services for a cost, according to the filing. The statement comes against the backdrop…