[lbo-talk] China, Coke's top Asian market

uvj at vsnl.com uvj at vsnl.com
Wed Jun 23 16:29:31 PDT 2004


People's Daily Online

Business

UPDATED: 13:11, June 21, 2004

China, Coke's top Asian market

Sales in China for Coca-Cola will surpass those in Japan this year, making the Chinese mainland the biggest market in Asia for the world's largest soft drink maker, CRIENGLISH.com reported Monday.

Coca-Cola, which competes with Pepsico, says its profits in Japan would continue to outrank China, and the profits in Japan are still neck and neck with the United States.

In terms of sales volume, China will probably pass Japan this year.

Coca-Cola, which opened its first bottling plant in China in 1927, has said it would build three new plants in the country to complement its existing 30 facilities.

Source: CRIENGLISH.com

Copyright by People's Daily Online, all rights reserved



More information about the lbo-talk mailing list