date:Jan 14, 2013
hina over the next several years through a joint venture with a franchise operator.
Fountain soda accounts for about a quarter of soft drink sales volume in China, according to the market researcher Euromonitor International. Globally, Coca-Cola, based in Atlanta, still has a far larger share of the broader soft drink market than PepsiCo.
PepsiCo, based in Purchase, New York, recently moved to broaden its distribution in the fast-growing China market by swapping its holdings in its bottling op