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Coca-Cola investing billions in China

CHINA (NEWSCHANNEL 3) - Coca-Cola is investing billions of dollars over the next few years, hoping to tap into the growing Chinese market.

The company plans to invest $4 billion to build new factories and add new products to its portfolio.

Coca-Cola has been expanding in emerging markets like China and Russia over the last few years.

It's hoping to reach $200 billion in revenue by selling Coke products to the growing middle class in those countries.