Coke expects more growth

Article Abstract:

Coca-Cola Co. is anticipating its revenues in China to grow at rates of at least 10%, in the near future. The US beverage firm will soon have a total of 24 bottling facilities in China by mid-1999, when it completes a 10-plant expansion initiative approved by the Chinese government, and its revenues in China have increased at an average annual rate of 30% for the past five years. The company is now concentrating on establishing a country-wide network of warehouses, in order to enhance efficiency of its bottling plants, and gain more control over distribution, according to director of external affiars B.C. Lo.

Comment:

Is anticipating its revenues in China to grow at rates of at least 10%, in the near future

United States, Strategy & planning, Canned & Bottled Soft Drinks, Soft Drink Manufacturing, Soft drinks, Coca-Cola Co. (Atlanta, Georgia), Article

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Raise a glass to South Australia's winning wines: McLaren Vale's Shiraz, Chardonnay and Grenache warm hearts around the world

Article Abstract:

South Australia is famous for its wine and is responsible for 60% of the continent's wine exports. The most popular region for wine-tasting is McLaren Vale located 45 minutes from Adelaide. McLaren Vale boasts of 55 wineries and is best noted for Shiraz, the Australian version of syrah. Famous wineries in the area, award winners in various international wine competitions, are D'Arenberg Wines, Seview Winery and Maglieri Wines.

Australia, Product quality, Wine, Exports, Achievements and awards, D'Arenberg Wines, Seview Winery, Maglieri Wines

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Thirst for an alternative to brandy has Chinese seeing red and white

Article Abstract:

The Chinese have increasingly turned to wine as an alternative drink to brandy, and the wine industry is cashing in. Local and foreign wine makers are making money from a recent rise in the consumption of mixed drinks in China. The Chinese are increasingly becoming fond of wines mixed with juices and sodas and this, along with the easing of import restrictions is spurring the influx of profit.

Wine & Brandy, China, International aspects, Alcoholic beverage industry, Wine industry

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