China’s massive beer volumes are set to rise further, but market fragmentation and weak margins may sink SABMiller and Anheuser-Busch InBev’s profit hopes in the country indefinitely, an analyst has claimed.
CHINA: Brewers’ profits chase may be futile – study
China's massive beer volumes are set to rise further, but market fragmentation and weak margins may sink SABMiller and Anheuser-Busch InBev's profit hopes in the country indefinitely, an analyst has claimed.