THE RP’s BREAKING NEWS: The Politics of Doing Business

Pictured here at Davos in 2009, Coca-Cola CEO Muhtar Kent has been highly critical of the American business climate and political in-fighting.

At the Clinton Global Initiative conference in New York, Coca-Cola CEO and Chairman Muhtar Kent remarked that China is becoming more hospitable to business than the United States. “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 said, noting that an arcane tax structure and political in-fighting were hurting the US’s business climate. [Atlanta Journal-Constitution]

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