Coca-Cola price hike won't affect China
Updated: 2011-06-28 17:40
By Hao Yan (chinadaily.com.cn)
A US price hike by soft drink giant Coca-Cola won't affect Coca-Cola prices in China, China Business News reported Tuesday.
The Wall Street Journal reported that Coca-Cola Co will increase the price of its beverage products starting July 31 by 3 percent to 4 percent.
Instead of raising prices, some local bottlers of Coca-Cola China shrank the bottle size. Coca-Cola China's Hangzhou bottler changed its 600-milliliter packages to 500 milliliters in May, but charges the same price.
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