Coca-Cola, the world’s largest soft drinks producer said on Thursday it will invest $4 billion more in China over the next three years starting from 2012.
By the end of 2011, Coca-Cola [KO 67.76 -1.52 (-2.19%)] and its China bottling partners would have invested more than $3 billion in the country over the last three years, bringing the total investment to $7 billion by the end of 2014.
“China is one of our most important growth markets in the world,” said Muhtar Kent, Coca-Cola’s chief executive, in a statement.
Full story: Coca-Cola to Invest $4 Billion More in China From 2012 – CNBC.