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Coke offer for Huiyuan triggers widespread worry for famous domestic brand in China
- Article from:
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Xinhua News Agency
- Article date:
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September 4, 2008
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Copyright informationCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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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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