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Coke offer for Huiyuan triggers widespread worry for famous domestic brand in China

Coke offer for Huiyuan triggers widespread worry for famous domestic brand in China

BEIJING, Sept. 4 (Xinhua) -- The public was reminded of the sore memories of lost domestic brands when Coca-Cola announced its offer to take over China Huiyuan Juice Group Limited, a Hong Kong-listed company that owns the Huiyuan juice business throughout China.

While Coca-Cola and Huiyuan both seem satisfied with the deal, many ordinary Chinese think otherwise.

In an online poll posted by major portal Sina.com, more than 80 percent of the over 76,000 interviewees voted against the acquisition of the leading domestic juice maker. A similar proportion held the opinion that the acquisition, if successful, ...

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