COCA-COLA BATTLES WITH PEPSI-COLA IN NORTHEAST CHINA
AsiaInfo Services, October, 2004
AsiaInfo Services 10-24-2004 Coca-Cola Battles with Pepsi-Cola in Northeast China JILIN, Oct 20, 2004 (SinoCast via COMTEX) -- In the volatile and competitive carbonated beverage market, a battle between Coca-cola and Pepsi-Cola, two well-known companies around the world, has broken out in Northeastern China. On October 13, Jilin Coca-Cola Beverage Co., Ltd.
was opened inChangchun Economic and Technological Development Zone in Jilin Province, which makes a great influence in Northeastern beverage market. It is said that Pepsi-Cola owns 52.3% of the market shares in Jilin. However, after the completion of Jilin Coca-Cola Beverage, Coca-Cola's annual capacity will reach 43 million cartons, which will lead to a fiercer conflict between Pepsi-Cola and Coca-Cola....
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