Pepsi In China

[Jollygoodfellow]

Me thinks China is the place to invest your spare pesos,it seems to be where the big names are spending,what do you guys think?SHANGHAI (AFP) - PepsiCo, the maker of Pepsi soft drinks, said Friday it would invest 2.5 billion dollars in China over the next three years in new plants, research facilities and promotional activities.The money is in addition to the one billion dollar investment the drinks maker announced in 2008, which will be completed this year, the company said in a statement."This investment reflects very clearly our great confidence in China and our long-term commitment to this very important, growing market," chairman and chief executive officer Indra Nooyi said in the statement.Nooyi was in Shanghai attending the World Expo, where PepsiCo is sponsoring the USA Pavilion.PepsiCo plans to add 10 to 12 new plants -- mainly in interior and western provinces -- to its 27 existing manufacturing facilities, the company said.It also plans to increase its range of Chinese-designed and developed products, the company said.Pepsi's rival Coca-Cola announced last year that was investing two billion dollars in China over three years to dramatically increase its presence in the world's largest market.

[Singers]

Me thinks China is the place to invest your spare pesos,it seems to be where the big names are spending,what do you guys think?SHANGHAI (AFP) - PepsiCo, the maker of Pepsi soft drinks, said Friday it would invest 2.5 billion dollars in China over the next three years in new plants, research facilities and promotional activities.The money is in addition to the one billion dollar investment the drinks maker announced in 2008, which will be completed this year, the company said in a statement."This investment reflects very clearly our great confidence in China and our long-term commitment to this very important, growing market," chairman and chief executive officer Indra Nooyi said in the statement.Nooyi was in Shanghai attending the World Expo, where PepsiCo is sponsoring the USA Pavilion.PepsiCo plans to add 10 to 12 new plants -- mainly in interior and western provinces -- to its 27 existing manufacturing facilities, the company said.It also plans to increase its range of Chinese-designed and developed products, the company said.Pepsi's rival Coca-Cola announced last year that was investing two billion dollars in China over three years to dramatically increase its presence in the world's largest market.

Tricky Dickie got in 30 years ago!!! 10 years ago was the time.To-day is also the time as there seems to be only one way the economy will go.I experienced, 1st. hand, this "snowball" in 2000 and it continues to roll AND grow!! UK Tom