PepsiCo/Tingyi Alliance To Make Headway

摘要

There have been reports that PepsiCo and China's Tingyi (CaymannIslands) Holding are planning to open a bottling plant in centralnChina. China Daily reported that the plant will manufacture bottlednwater and soft drinks, helping PepsiCo to tap a region where itnhas a low profile. We believe the tie-up will offer both firms greatnopportunities in the soft drinks segment and puts fourth-placednPepsiCo in a much stronger position to challenge market leader ThenCoca-Cola Company.