Pepsi to Invest $2.5b in China in 3Yrs

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Pepsi to Invest $2.5b in China in 3Yrs - ResearchInChina

Date:2010-05-25mqh Text Size:

PepsiCo (NYSE:PEP) plans to invest $2.5 billion in China in the next 3 years, following the completion of its $1 billion spending plan announced in 2008, Beijing News reports May 24. PepsiCo CEO Indra Nooyi said the company will establish 10-12 beverage and snack companies in China and will also enhance its research and development into Chinese local tastes, the report said.

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