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'Growth Is the Key'

1:31 PM, Sep 27, 2011 • By DANIEL HALPER
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The Financial Times conducts an interview with Coca-Cola CEO Muhtar Kent: 

Muhtar Kent, Coke’s chief executive, said “in many respects” it was easier doing business in China, which he likened to a well-managed company. “You have a one-stop shop in terms of the Chinese foreign investment agency and local governments are fighting for investment with each other,” he told the Financial Times.

Talking about Brazil and other emerging markets, Kent says:

“They’re learning very fast, these countries,” he said. “In the west, we’re forgetting what really worked 20 years ago. In China and other markets around the world, you see the kind of attention to detail about how business works and how business creates employment.”

On tax rates, as Ira Stoll notes

"To all governments that are looking to increase taxes, the best method is ensuring that businesses remain healthy so that they can collect more revenue as a result of the health of these businesses and the growth. Growth is the key." 

Video here.

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