New research shows Coke has led efforts by US junk food companies to shape China's obesity policy

Coke, PepsiCo, Nestle, McDonald's have been funding a group to shape global obesity policy, according to new research findings. In China, that group has been able to shape policy that focuses on the role of exercise, not diet, in obesity. Coca-Cola KO has spearheaded an effort by American junk food companies, including PepsiCo PEP , Nestle and McDonald's MCD , to quietly shape China's nutrition policy through a non-profit group called the International Life Sciences Institute, according to new research.