Archive for December, 2008

Coke and Pepsi Turn to Herb Formula in China

Coke CEO Muhtar Kent attended the opening ceremony of a new bottling factory in Urumqi, Xinjiang, on June 24.
Two days later, Pepsi Chair and CEO Indra Nooyi declared the opening of a new factory in Chongqing. The heads of both Coke and Pepsi are more and more aware of the importance of Chinese consumers at [...]