Tuesday, September 27, 2011

COKE CEO: CHINA IS MORE BUSINESS FRIENDLY

When will this administration figure it out?

What is it going to take?

Coca-Cola now sees the US becoming a less friendly business environment than China, its chief executive has revealed, citing political gridlock and an antiquated tax structure as reasons its home market has become less competitive.

Muhtar Kent, Coke’s chief executive, said “in many respects” it was easier doing business in China, which he likened to a well-managed company. “You have a one-stop shop in terms of the Chinese foreign investment agency and local governments are fighting for investment with each other,” he told the Financial Times.


2 comments:

Always On Watch said...

When will this administration figure it out?

IMO, this administration full well knows these facts

Obama himself may not have a clue. But members of his administration have to know.

THEY DON'T CARE! They're focused the new world order.

SamenoKami said...

When Coke first started up in China they translated "Coke" into Mandarin (?) and missed it.
I think they screwed up twice. But in the one I remember the translation came out "Bite the wax tadpole."