The report, according to Reuters, cited a government official and legal experts suggesting the deal should be cleared. But Reuters also noted that Chinese consumers had reacted with fury that a much-loved consumer products group could fall into the hands of an icon of U.S. capitalism. Foreign investors are closely following the story. "We really are watching the ongoing Coca-Cola-Huiyuan case very carefully in order to see whether it is dealt with by the law or is being dealt with in respect to media and public concerns," said Joerg Wuttke, president of the European Chamber of Commerce in China. - Laura Board
See TheDeal.com: Coke to buy China Huiyuan (subscription required)
