date:Nov 11, 2013
firms, Choy said. Analysts said this could help it play the trend in China toward more local-style herbal teas and healthier drinks.
Chinese consumers are increasingly opting for healthier alternatives in food and drink, which has hit growth for fast food chains such as McDonald's Corp (MCD.N) and KFC-parent Yum Brands Inc (YUM.N).
The beverage market is quite competitive right now and Coke is going to have to do a lot more acquisitions rather than growing through organic growth, said Shaun Re