PepsiCo to Invest $2.5 Bil. More in China
By wchung | 23 Mar, 2026
PepsiCo says it plans to invest an additional $2.5 billion in China in the next three years as the food and beverage maker looks to boost its presence in the growing market.
Money from the additional investment will be used to open 10 to 12 new manufacturing plants, enhance research and development, broaden agricultural development and for brand-building.
PepsiCo previously announced a $1 billion investment in the country that will be completed this year.
The Purchase, N.Y., company currently runs 27 beverage and food plants and five farms in China.
NEW YORK (AP)
Articles
- How Charles and Sara Liang Survived Scandals to Build a $20-Billion AI Giant
- SpaceX, Tesla to Build AI Chip Factories in Austin
- The Mensch Way for Don to Smooth Over His Iran Bad
- Elon Musk Offers to Pay TSA Salaries During Partial Shutdown
- Tencent Debuts ClawBot to Take on Agentic AI from Alibaba, Baidu
- China Pledges More Balanced Trade After Record $1.2 Trillion Surplus
- Airports Step up to Feed Unpaid TSA Workers
- Don Struggles for a Face-Saving Exit from a Self-Created Nightmare
- OpenAI to Double Workforce to 8,000 by End of 2026
- BTS Comeback Concert Shuts Down Central Seoul