Procter & Gamble (PG) plans to invest over $1B in China over the next five years, according...

Procter & Gamble (PG) plans to invest over $1B in China over the next five years, according to CEO Robert McDonald. The exec is in the country at the opening ceremony of the company's new innovation center in Beijing.

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Comments (3)
  • jnpfl
    , contributor
    Comments (186) | Send Message
    Here we go again. Maybe this time PG will develop a solid China plan and stick with it. Investing $1B over 5 years seems rather modest for the largest consumer market in the world. I wonder if this "investment" will be capex or if it includes Marketing and payroll growth and other expenses that some managers tend to label "investment". Basically this is a general remark that offers so little substance that one cannot infer much about any new China strategy; it isn't newsworthy.
    28 Feb 2013, 07:39 AM Reply Like
  • User 120437
    , contributor
    Comment (1) | Send Message
    How about more info. Where and what is happening with the billion? Who is going to China? We need more fundamental info!
    28 Feb 2013, 08:35 AM Reply Like
  • rnixi
    , contributor
    Comments (5) | Send Message
    Are they manufacturing in China? Are they increasing manufacturing? Will it mean loss of jobs in America or other countries?
    28 Feb 2013, 11:01 AM Reply Like
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