A national strike has been paralyzing several Pepsi factories in China, protesting against layoff and pay cuts. Besides, and this is extremely rare in the People’s Republic, unions back the movement.
Pepsi Cola has been in China for 20 years, with 24 factories and tens of thousands of workers. In November 2011, acknowledging that it was unable to counter Coca Cola’s overwhelming superiority on the Chinese market, Pepsi sold its bottling lines to Tingyi, the Taiwanese food-processing group. Tingyi controls 50 percent of the cold drinks market in China and accepted. In return, Pepsi got 5 percent of the capital of Tingyi-Asahi Beverages Holding Co. This alliance already led to social prot
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