Chinese food and beverage company Master Kong plans to invest nearly CNY2.5 billion to purchase the entire stake in WealthCity from Wei Yingjiao, a major shareholder and executive director of the company, to build an…
U.S. food and beverage giant PepsiCo has established a strategic partnership with the fast food provider Burger King in China.
U.S.-based food and beverage company PepsiCo Inc. has established a new research and development in Shanghai, site of the company's largest R&D center outside of North America.
After over four months of waiting, the Ministry of Commerce of China finally approved the strategic alliance between Master Kong and Pepsi.
Pepsico Inc. has announced that it will build a new Chinese food manufacturing base in the Wuhan Food Industrial Processing Zone, Hubei.
Pepsi has recently opened its new plant in Chengdu, the capital of Sichuan province, marking a new stage for the company's development in China's southwestern areas.
In a seminar held by China National Food Industry Association for discussing the draft of Food Hygiene Law, thirty food enterprises, including Coca Cola, Pepsi, Nestle, Wuliangye, Yili, Guangming and Yanjing Beer, called for the…