Coca-Cola Japan is launching a version of a local low alcohol drink Chu-Hi. The regional head says the new drink is "a modest experiment" and likely won't travel. Coca-Cola has been battling falling sales globally as consumers shun fizzy drinks. LONDON — Coca-Cola is set to launch its first ever alcoholic drink. Chu-Hi is a local beverage made by mixing carbonated water with the spirit shōchū and some flavouring such as lemon or lime.