World of Beer to open taverns in China this year, India and the Philippines are next
World of Beer is about to become an international brand. (more…)
Greene King enjoys happy Christmas amid surge in beer sales in China
Greene King has said it achieved a strong performance in the last ten months helped by buoyant sales in the festive period and a surge in demand for its beer in China. (more…)
Following the results of 2015, the interest in Chinese beer in foreign markets remains unabated
In 2015, exports of the Chinese beer amounted to 265.3 million litres, which is 2.9% more than last year. Totally, 257.9 million liters of beer were sold abroad in 2014. In December 2015, the beer export volumes from China increased by 22.2% and amounted to 26.1 million litres. (more…)
China. Heineken has opened a new brewery with a capacity of 300,000 tons
The official launch of the new brewery Heineken Ltd Jiashan took place on 4 February. The launch of the new brewery is important not only for Zhejiang Province but for China as a whole. (more…)
China’s brewers face an unfamiliar challenge — sinking sales
After years of steady growth, China’s beer market is losing its fizz as the economy slows and consumers turn to other types of alcohol. To stay afloat, the country’s brewers are looking to reduce overcapacity and otherwise downsize their operations. (more…)
China. San Miguel registers HK$16.9-m loss in Hong Kong operation
San Miguel Brewery Hong Kong, a unit of conglomerate San Miguel Corp., registered a consolidated net loss of HK$16.9 million in 2015, a turnaround from a profit of HK$37 million in 2014, on lower volume due to the non-renewal of distribution agreements with Anheuser-Busch. (more…)
Will This Little-Remembered Clause Keep A-B InBev From Owning Popular Chinese Brewer CR Snow?
Anheuser-Busch InBev may get a chilly reception from Chinese regulators if it moves ahead in keeping the CR Snow beer brand in its portfolio. Image source: China Resources.
Chinese brewer CR Snow may be among the most valuable assets in SABMiller’s portfolio of brands, so it’s understandable that Anheuser-Busch InBev — which is planning to acquire SABMiller – would be reluctant to sell it despite conventional wisdom suggesting it will have to do so if it wants to get regulatory approval from China for the deal. But the brewer may be forced to sell the brand thanks to an apparently forgotten provision of a document it signed back in 2008 when InBev bought Anheuser-Busch. (more…)
British businessman finds China welcoming market for agri-food education, beer
When President Xi Jinping shared a pint of beer with British Premier David Cameron at a Buckinghamshire pub during his state visit in October, the gesture reverberated across the continents. It stirred curiosity about beer and flushed some business owners with cash. (more…)
China. Zhujiang Brewery will invest its share capital in craft beer
The Ministry of Commerce of China approved the participation of AB InBev Company in the purchase of 171 million of common shares of non-public emission of Zhujiang Brewery Group. (more…)
China. Baijiu far outperforming nation’s beer market
Chinese people may be shifting away from traditional alcoholic drinks like baijiu, an industry already hit hard by Beijing’s crackdown on corruption, but top distillers like Kweichow Moutai still offer a good investment opportunity, says a new Macquarie research report. (more…)