China. CR Snow announces three acquisitions in Anhui, Liaoning and Zhejiang

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China Resources Snow Breweries Limited (or “CR Snow”), a subsidiary of China Resources Enterprise, Limited (or “The Company”) and a joint venture with SABMiller plc, announced that it has agreed to acquire three breweries in each of Anhui, Liaoning and Zhejiang Provinces in three separate transactions. (more…)

Suntory seeks to boost sales in China to Y100 bil

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Beverage maker Suntory Holdings Ltd will seek to boost annual sales in China to 100 billion yen from the current 30 billion yen by stepping up marketing of vintage wines, health foods and other high-quality products for wealthy Chinese. (more…)