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With sales and profit dropping in the U.S., Pepsi (PEP) plans to invest $1B in China over the...
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Tuesday, November 4, 2008, 3:58 AM ETWith sales and profit dropping in the U.S., Pepsi (PEP) plans to invest $1B in China over the next four years. Pepsi is competing against Coca-Cola (KO) for a stake in China's fast-growing beverage market.
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