China International Political Economy

Coca- Cola Co.’s proposed China investment in the Huiyuan Juice Group sparked controversy as some say the ruling by the Chinese government is protectionist according to the Dow Jones Newswire.

The China government Ministry of Commerce defended its decision to block Coca- Cola $2.4 billion investment in China’s largest juice company saying that the decision was based purely on antimonopoly law and should in now way be interpreted as protectionist in nature.

China’s antimonopoly law is less than a year old and could deter future China investment by foreign firms should similar rulings continue.