Pepsi Chinese joint-venture gray screen.docVIP

 PAGE \* MERGEFORMAT 35 Pepsi Chinese joint-venture gray screen December 21, 2003 afternoon, Beijing. The last weekend before Christmas, a slightly tired-looking Zhu Hua Xu holding a can of Pepsi Zizhenziyin. His office is not too small to meet their identity, as the manager of the 40 joint ventures in China, president of PepsiCo International, Zhu said he hardly worth the effort to do is to make a business. Year most of the time, Zhu are flying all over China visit. This is the first he took office five years, the company achieved a historic profits. This was his first interview in two years, to face the two most profitable joint ventures, litigation topics. Over a month ago, Chengdu. , President of PepsiCo in Sichuan office, Hu Fengxian is ready to negotiate with another Zhu Hua Xu. He shouted orders to proceed servant tickets and planning their trip, echoed tenor vigorous years in office. The negotiation of site selection in Hong Kong. ‘No way, meet will be very awkward, but the problem must be resolved’, Hu behind bookcases are filled with Pepsi’s beverage cans and honor certificate. Looked out from his window, blue and white panoramic view of the Pepsi bottling plant. This is already a well-known action of the. August 2, 2002, the United States PepsiCo, Pepsi (China) Investment Co., Ltd. jointly to the Arbitration Institute of the Stockholm Chamber of Commerce for arbitration request to terminate the Sichuan Pepsi-Cola Beverage Co., Ltd. all cooperation contracts and agreements. Dissolution of the partner companies - Sichuan Pepsi, seek a determination that the Chinese partner, Sichuan rhythm of financial compensation for breaches. However, Sichuan Pepsi will soon hit back. August 8, 2003, Sichuan rhythm to the China International Economic and Trade Arbitration Commission against Pepsi (China) Investment Co., Ltd. counterclaims request, due to the China International Economic and Trade Arbitration Commission that this request belong to the same dispute