Coca-Cola's Q1 results boosted by China

US beverage giant Coca-Cola’s (NYSE:KO) reported revenue for the first quarter beat expectations, driven in part by sales in China, Reuters reported, citing a company statement on Tuesday. Coke does not break out China sales separately, but it said global case volumes rose 2% in the quarter, while those in China rose 12% due to increased marketing and advertising around the Chinese New Year. In 2013, the Asia-Pacific region accounted for 13% of the company’s overall sales. Coke plans to invest US$8 billion in China over the five years through 2017 as it focuses on emerging markets to boost revenue.