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Pepsi used the recipes of its Chinese partner illegally
According to the he Chinese state media; PepsiCo. China Investment Co. illegally used the recipes of the Tianfu Cola. In other words, this time a Chinese company proved that a U.S. giant had stolen business secrets.
The court instructed the PepsiCo. to stop the marketing of Tianfu Cola and to give back the recipe to the Chinese company. The court, however, rejected Tianfu’s claim that the former joint venture partner to pay one million yuan (150 thousand dollars) as compensation– reports Világgazdaság Online, after AFP.
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