With sales and profit dropping in the U.S., Pepsi (PEP) plans to invest $1B in China over the...

|By:, SA News Editor

With 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.