Coca-Cola May Boost Investment in China
Posted on November 01, 2010 at 06:29 AM EDT
Coca-Cola Company ( KO ) may increase its spending in China, according to CEO Muhtar Kent. Coke, the world's largest beverage company, will likely spend "a little more" than the $2 billion it had planned for China from 2009 to 2011, Kent told Bloomberg News. "We're ahead of our projections in investments," Kent said. Sponsored Links adsonar_placementId=1505951;adsonar_pid=1990767;adsonar_ps=-1;adsonar_zw=242;adsonar_zh=252;adsonar_jv='ads.tw.adsonar.com'; China's soft-drink market grew 11% in 2009, according to Euromonitor... Continue reading Coca-Cola May Boost Investment in China Coca-Cola May Boost Investment in China originally appeared on DailyFinance on Mon, 01 Nov 2010 06:29:00. Filed Under: Company News , Coca-Cola Company , Retail Permalink | Tweet this! | Comments