PepsiCo to spend $1B in China over next 4 years

[Coventina]

Source: Associated Press

NEW YORK (AP) — Beverage and snack maker PepsiCo Inc. said Monday it will invest $1 billion in China over the next four years to expand its manufacturing capability, research and development and sales force in the country.

The investment will fund programs to expand manufacturing capacity, mainly in interior and Western China.

It will expand local research and development facilities, build the sales force and fund brand-building and new product initiatives.

"This is our largest investment in China in the nearly 30 years we have been doing business here, and it is consistent with our broader global strategy of investing in high-growth developing markets," said PepsiCo Chairman and Chief Executive Indra Nooyi.



Read more: http://ap.google.com/article/ALeqM5hu9MNGzVagOJ1ZcCMtGiuxNx0eIQD947E8NO0

[Auggie]

1. Why shouldn't China enjoy the thrills of obesity and diabetes like we do?

[Crowman1979]

2. Exactly! Isn't China the country trying to make an initiative about population reduction.

Our sugar and fat filled products should help them in that endeavor.

In all seriousness, I think it's a privatization phase that China is going through. Once the economy goes under, their will probably be another cultural revolution against the top 1% income earners in that country.

[daggahead]

4. Now we need to get all of the other disease-inducing pleasures exported ...

Taco Bell, McDonald's (I think they have that already), hormone-laden agrifoods, velveeta, etc ...

Then, privatize their health coverage so they can enjoy the "freedoms" we have here in the USA!

[dhpgetsit]

3. Wonderful!

Will Pepsi start selling us melamine tainted "sports beverages"?

[customerserviceguy]

5. That's my worry

how much of this poison are they going to try to import here?

I guess I don't have to worry if I stick to the occasional Jones Soda!

[Auggie]

6. Excellent point. It'll be cheaper to make almost anything there and import it.

Yuk!

[lies and propaganda]

7. mmmm! new Pepsi Melamine twist!

tastes like death!