PepsiCo, Inc. says that Wern-Yuen Tan has been appointed Chief Executive Officer of Asia Pacific, Australia, New Zealand and China, overseeing all of PepsiCo's
Coca-Cola has entered into an agreement to divest its bottling assets in China for CNY5.87 billion, which is about USD852 million.
Coca-Cola China announced plans to acquire the entire stake in cash of Xiamen Culiangwang Beverage Technology Co Ltd, a Chinese plant-based protein drinks maker.
U.S.-based beverage brand Vita Coco announced plans to bring the coconut water brand to China through an exclusive agreement with Red Bull China.
With an estimated investment of CNY620 million, Coca-Cola has begun building its new plant in the Heilongjiang province city of Harbin.
The board of directors of Guangzhou Pharmaceutical Holdings Limited has approved Wanglaoji, its herbal tea subsidiary, to build a new factory in Ya'an, Sichuan,