Australia&China. Woolworths plans to heat up liquor sales with Snow

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Woolworths is being trounced in hardware and beaten in supermarkets but its liquor business is still performing strongly, and has just struck an exclusive deal to sell the biggest beer brand in the world for the first time in Australia through its outlets. (more…)

Diageo feels the pain of China slowdown

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The world biggest drinks company is an unlikely victim of the slowdown in the Chinese economy, says Questor.

Diageo’s slight rise in sales yesterday was just enough to appease investors who have become impatient after two years of lacklustre performance. (more…)

China. San Miguel Hong Kong warns investors of losses in 2015

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San Miguel Brewery Hong Kong issued a profits warning yesterday in a filing with the Hong Kong Stock Exchange, saying the Hong Kong arm of the Philippine-based company ‘is expected to incur a consolidated net loss for the year ended 31 December 2015’. (more…)

China. CR Snow to sell 1168.3 mln liters of beer in 2015

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In 2015, beer sales of the company China Resources Breweries (Holdings) amounted to 1168.3 million liters. This is 1.34% less than in the previous year. At the same time the brewery’s turnover  grew by 0.98% to HK$ 34.82 billion.
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Beer shipped from China’s coast to Tibet by train

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For the first time, a cargo train loaded with over 1,000 tonnes of beer of a major Chinese brand has left for Lhasa, capital of China’s Tibet Autonomous Region ahead of a major festival, the state media reported. (more…)

Why British beer is huge in China

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If imitation is a sure sign of popularity, David Cameron must wish he was Xi Jinping. When cameras filmed the Chinese leader enjoying a pint of Greene King IPA beer with the British prime minister during his state visit to the UK in October, consumers back home rushed out to do the same. (more…)