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…)

RPT-Kirin to set up China drinks JV with China Resources

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Japanese brewer Kirin Holdings (2503.T) said on Monday it has agreed to establish a joint venture with China’s top beer maker China Resources Enterprise (0291.HK), to produce and distribute beverages in the country. (more…)