date:Nov 11, 2013
The Coca-Cola Co said it will invest over $4 billion in China and build new plants between 2015 and 2017, to counter competition which is chipping away at its share of the country's 421 billion yuan ($69.12 billion) soft drinks market.
The investment will add to the $4 billion that the world's largest drinks maker has earmarked for China in 2012-2014, said Asia-based spokeswoman Sharolyn Choy, confirming a Bloomberg report earlier on Friday.
The beverage maker is also open to deals with local