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Topic - Muhtar Kent
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With fizzy soda sales on a long-term decline and 63 percent of Americans telling a Gallup survey last year that they are actively avoiding traditional soda drinks, "we're operating in a very challenging environment," Coke CEO Muhtar Kent told analysts in a conference call Wednesday.
"No bilateral trade relationship today is as important as the one between the U.S. and China," said Muhtar Kent, chairman of the U.S.-China Business Council, which hosted the luncheon where Mr. Xi spoke. "It is an important step toward strengthening the ties between our two nations."