Although funny, there are so many things wrong with this story. Pepsi was not sold in China during the 1950s, nor was any other product from the evil capitalist juggernaut, the U.S.A. Even Coca-Cola didn't get into China until the 1980s (when, interestingly, I remember part of this story being told about them: the slogan was "Coke adds life," being translated as "Coke brings your ancestors back from the dead.").

You can't convince me that a company of Pepsi's size didn't think of hiring someone who speaks or writes Mandarin to formulate their advertising. After visiting China last year, there was NO shortage of Coke or Pepsi products anywhere.