N. Korean beer sale in China
Taedonggang beer, a state-owned North Korean brand, is available in grocery stores in Dandong and Shenyang, China, according to news reports. (more…)
China. Alcoholic cocktails are gaining the market share, taking it from beer
The reasons for the fall of the beer market in China are interesting for both the brewers and analysts. For example, QL Money publishing among the main factors of the recession referred to bad weather, the reduction internal migrants’ income employed in construction, as well as changing in consumption patterns due to the change of generations. (more…)
China. Yunnan tea gives Boxing Cat Brewery a knockout
The tea farmers of Yunnan likely never imagined their harvest being used to brew anything but the classic hot beverage. So when Shanghai’s Boxing Cat Brewery teamed up with Beijing’s Great Leap Brewing to create their Yunnan Amber Ale, diners were in for a treat. (more…)
China. In 1Q2016, the sales of Tsingtao Brewery fell to 5.34%, while net profit increased by 2.47%
In the first quarter of 2016, the situation in the Chinese beer market did not significantly improved, but the competition became even more intense. Even in such conditions Tsingtao Brewery Co., Ltd. continues to explore the domestic market and introduce new and more effective methods of marketing to expand its presence in the regions of the country. (more…)
China. Tsingtao gets its buzz back on first-quarter profit growth
Tsingtao Brewery rebounded here Tuesday after the Chinese company announced profit growth for the January-March quarter. (more…)
China. In the first quarter of 2016, Snow Beer sales increased to 2.659 billion liters
In the first quarter of 2016, China Resources Beer (Holdings) Limited sales of beer increased by 0.4% to 2.659 billion liters. (more…)
China. In the first quarter of 2016, the growth rate of beer imports slowed and exports accelerated
The growth rate of beer imports to China in March 2016 slowed. This is evidenced by data of the General Administration of Customs of the People’s Republic of China. (more…)
China Resources Beer stock climbs on colossal profit boost
Shares in China Resources Beer (Holdings) rallied here Thursday on news of a whopping 460% jump in net profit on the year for the January-March quarter. (more…)
China. In 2015, Xinjiang Hops Co., Ltd. (part of Carlsberg Group) increased beer production to 325.7 million liters
The beer production increased by 7.19% and reached 325.7 million liters. Company’s beer sales were estimated at 325.1 million liters, that is 6.78% more than in 2014. (more…)
Heineken Beer Volume Beats Estimates on Asia, Americas
Heineken NV reported beer shipments that rose at more than double the rate analysts expected thanks to growth across Asia and Latin America, sending the shares up as much as 4.6 percent. (more…)