Xinhua newswire reported Wednesday that, a senior Coca-Cola China executive filed a request for investigation with the police department on Tuesday.
In recent days, rumors spread on social networks and media sites on line saying that Coca-Cola China admitted in a TV program called Topics in Focus on the China Central Television network that its orange juice products contain a fungicide called Carbendazim.
Nonetheless, when China began its economic reform program, Coca-Cola was one of the first international companies to understand the inherent potential of the vast China market and returned to the country in 1979.
Want Want competes in China with the likes of Coca-Cola, Pepsi, Unilever and Wahaha.
FORBES: Chinese Snack Food Giant Want Want Says Net Profit Soared 38% In 1st Half Of 2012
Unlisted Wahaha, best known for its bottled water, competes in China with the likes of Coca-Cola, Want Want, Uni-President and Tingyi.
FORBES: China Beverage Giant Wahaha, Led By Country's Richest Man, Says Profit Rose In '12
Authorities in China's Yunnan province accused Coca-Cola Co.
So the success of Coca-Cola's new orange-juice drink, developed in China, is a rare triumph.
ECONOMIST: Coca-Cola strikes it rich in Asia with a new drink
Coca-Cola is also benefiting from greater sales volumes from key emerging markets like India and China.
Many saw China's decision in March to reject a takeover bid by Coca-Cola for a Chinese juice company as a bad omen.
Coca-Cola brand beverages grew 4% by volume during the quarter worldwide, led by growth in China and Russia that reached 24% and 17% respectively.
FORBES: Coca-Cola Profit Beats As Brand Grabs Global Market Share
Coca-Cola, the world's biggest soft-drinks maker, saw sales in Europe and China fall in the last quarter of 2012 and warned the year ahead would be unpredictable.
Coca Cola's Pulpy is now a billion-dollar global brand, but it was first a smash in China.
Particularly vulnerable are major US multinationals with a large presence in China like Boing (NYSE:BA), Caterpillar (NYSE:CAT), Coca-Cola (NYSE:KO), PepsiCo (NYSE:PEP), McDonalds (NYSE:MCD), Procter and Gamble (NYSE:PG), General Motors (NYSE:GM), Ford (NYSE:F), and Yum Brands (NYSE:YUM).
Worldwide volume for Coca-Cola grew 5% helped by a 20% growth in India, 24% in Thailand, 9% in China and 10% in South Africa.
FORBES: Coca-Cola Delivers Despite 'Dead' Soft Drink Market Growth
应用推荐