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Coke CEO Says Uncertainty, Not Slower Growth, Is Biggest Global Issue

January 24, 2019: 12:00 AM EST
Coca-Cola CEO James Quincey says he’s more concerned about uncertainty in the global economy than about the possibility of slower growth. However, he and others attending the World Economic Forum in Davos, do expect slower growth this year. One source of uncertainty is the U.S.-China trade war, which could end in a couple of months if the countries negotiate a deal. Quincey said the effect of the trade war on his company is "slightly indirect" because its products for the China market are made there. Coca-Cola, he added, will continue to keep up with consumer tastes and solve problems like the sugar content of its drinks and reducing packaging waste.
Amelia Lucas , "Coca-Cola CEO: More uncertainty is the 'biggest issue'", CNBC.com, January 24, 2019, © CNBC LLC
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