Coke to Invest More Than $4 Billion in China

Coca-Cola Co. plans to invest more than $4 billion in China from 2015 to 2017 as it builds factories and adds new products to meet demand and counter rising competition. The Atlanta-based company is also open to acquisitions in China and may consider deals with complementary businesses, such as makers of juices or plant-protein drinks like almond milk, David Brooks, president of Coca-Cola’s Greater China and Korea business unit, said in an Nov. 6 interview in Shanghai. (Bloomberg)