Coca-Cola

Beijing Launches Spy Probe Against Coca-Cola

Channel News Asia reports on Beijing’s allegations that the multinational Coca-Cola Company has been performing illegal mapping in China: US soft drinks giant Coca-Cola is “cooperating fully” with Chinese...

Shanxi Authorities Order Coca-Cola Chlorine Closure

A Shanxi Coca-Cola factory has been ordered to cease production by the Provincial Bureau of Quality and Technical Supervision, after a whistleblower reported chlorine contamination from maintenance work in early February. From...

Truth, Rumour, Weibo & Coca-Cola

At The Atlantic, Helen Gao examines the Bo Xilai affair’s blurring of the lines between truth and rumour, and the corrosive effects of the government’s own information policies. On the morning of April 11, Chinese...

China: Fast Food Nation, Too Fast Economy?

With the rise in food prices and labor inflation in China, fast food chains, such as KFC, are planning a rise in prices to offset these factors. Despite the rise in prices, the share price of Yum Brands Inc, KFC’s parent...

Coke Defends Product as Dairy Safety Issues Resurface

A ten-year-old boy in north-eastern China died on Tuesday of apparent pesticide poisoning from a tainted bottle of strawberry yoghurt drink, bringing renewed attention to the country’s persistent problems with dairy...

China’s CIC Gives Breakdown of U.S. Equity Stakes

As CDT posted earlier, a filing with the U.S. Securities and Exchange Commission from the China Investment Corp details $9.63 billion of equity holdings in U.S. listed companies and funds. Reuters reports on the numbers: Among...

Coca-Cola Says Another Former Worker Is Detained in China

The New York Times reports: Coca-Cola Inc. said Tuesday that a second manager who worked in the company’s Shanghai bottling plant has been detained by police on suspicion of accepting bribes or kickbacks. The announcement came...

Dan Slater: Could China Become Another Japan?

A new book raises the grim possibility China could ‘turn inwards’ and end up like Japan. From financeasia.com: China’s decision not to allow Coca Cola to buy local soft drinks champion Huiyuan Juice, announced...

Beijing Thwarts Coke’s Takeover Bid

Coca Cola’s two-billion dollar takeover bid for Chinese juice company Huiyuan has been rejected. From the Wall Street Journal: The decision by the Commerce Ministry Wednesday to block what would have been the largest-ever...

Coke Sends a Message to China Officials

BusinessWeek reports on the news that Coca-Cola plans to invest $2 billion in China over the next three years: For almost half a year, Coca-Cola executives have been waiting for China to give the OK to Coke’s proposed takeover...

Coke Deal to Test China’s Antitrust Law

From the Wall Street Journal: Coca-Cola Co.’s $2.4 billion deal to acquire China Huiyuan Juice Group Ltd. offers the first major test of China’s new antitrust law — one that comes amid public concern over the...

Coca-Cola’s Coup in China

The New York Times blog reports on Coca-Cola’s recent purchase of Chinese juice maker Huiyuan: Coca-Cola bought the juice maker for about six times its 2007 earnings, whereas Coca-Cola, arguably one of the world’s premier...

Coca Cola CEO Expects China to be Its Largest Market – Xinhua

From Xinhua: Coca Cola expects China to be its largest market, said E. Neville Isdell, chairman and chief executive officer of the Coca Cola Company. Although China’s economy has been growing rapidly for more than two decades, Isdell noted that he had confidence in its further growth. “China is currently our fourth largest market, but […]

Coca-Cola to Build R&D Center in Shanghai – Dow Jones

From Dow Jones: As part of its efforts to boost its sales in China, Coca-Cola Co. (KO) is investing $80 million to build a new China headquarters and research and development center in Shanghai , the company’s new president for China business, Douglas Jackson, said Monday. The R&D center, which is expected to be finished […]

In China, Coke, Others Cultivate Profits and Conscience – AP

In a sign that water is becoming the “new carbon,” Coca-Cola has agreed to change their bottling practices to conserve water while also contributing to efforts to clean up the Yangtze: Coca-Cola (KO) will revamp bottling practices globally to save water and pay for conservation along the Yangtze River and other major waterways, highlighting a […]

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