HONG KONG -- Swire Pacific, the Hong Kong conglomerate with interests spanning aviation, food and beverages, and property, said on Thursday that its Coca-Cola bottling business in mainland China is suffering from weak domestic consumer confidence.
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Swire owns exclusive rights to manufacture, market and distribute Coca-Cola products in 11 Chinese provinces and the city of Shanghai. © Reuters
HONG KONG -- Swire Pacific, the Hong Kong conglomerate with interests spanning aviation, food and beverages, and property, said on Thursday that its Coca-Cola bottling business in mainland China is suffering from weak domestic consumer confidence.