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HONG KONG, Nov 3 (Reuters) - Chinese brewers are making an aggressive push into premium beer, lured by high margins and huge growth potential, posing a tough challenge to the foreign companies ...
But Long-Term Premiumization Trend Is Intact The Mainland Chinese beer market has meaningful growth potential in the medium to long term.
The Ministry of Finance and the Ministry of Economic Affairs must take action and assist the domestic beer industry amid declining market share due to competition from cheap beer imported from China, ...
I recommend Tsingtao as a buy. The global $522.23 billion/year beer industry is expected to grow to $962.39 billion by year 2026.
The duties on Chinese-made beer will be as high as 64.14% while for steel they will be as high as 20.15%, the ministry said in a statement.
Our longer-term forecasts for both companies are largely unchanged, as we expect the ongoing premiumization trend to continue to drive recovery in the Chinese beer industry.
Thousands of Chinese beer lovers left their facemasks and virus worries behind to gather in large crowds and raise a much-needed glass as the annual Qingdao beer festival opened over the weekend.
Tsingtao beer was highlighted at the REVIVING CRAFT exhibition dedicated to Chinese crafts and contemporary design at the prestigious Museum of Decorative Arts in Paris. This international event ...
Chinese food alá fresh-and-local on it's way to Surfside. [PowerRankings]Novecento Sam Adams beer dinner coming on April 14th. [SoFloBeerBlog]Genuine Cart video recap from art walk ...
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