Who says American companies aren't investing? They are. Billions, in fact. Only, they are just not investing here in the U.S.
Atlanta based Coca-Cola (KO) plans to invest $4 billion in China, the company's CEO Muhtar Kent told reporters in Shanghai this week. It's the company's biggest planned investment in China since the 2009 investment of $2 billion.
The investments will start next year and is part of the company's China capex until 2014.
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