China: Latest beverage news & analysis
This week, Anheuser-Busch InBev is holding an investors seminar in China. Here's a low-down on the company's footprint in the country and in Asia Pacific, as well as its expectations for the future, courtesy of data from Nomura and Exane BNP Paribas.
Rabobank has released a report on the Chinese alcohol market that predicts huge growth in flavoured alcoholic beverages as demand for traditional beer subsides. Here's a round-up of some of the reports key findings:
Pernod Ricard has said it is looking beyond its Chivas range to find growth in China's struggling Scotch whisky market.
Pernod Ricard's Asia head has said the unit is on track in China after a better-than-expected Chinese New Year saw Cognac volumes improve.
Five years ago this month, Diageo signed a deal to take a controlling stake in China's Sichuan Chengdu Quanxing Group, the company behind the baijiu brand Shuijingfang.
New Zealand wine company Delegat has entered the Chinese market through a newly-opened office in Shanghai.
ProWein has reported a 25% increase in trade visitors to its Shanghai event ProWine China.
The tradition of gifting in China is not coming back, but the Government's stance against luxury on-trade could soften if the country's slowdown continues, a Remy Cointreau executive has said.
Suntory has pulled out of its two Chinese joint ventures with Tsingtao Brewery.
Pernod Ricard has said its Absolut brand is on course to stablise in the US despite continued double-digit sales falls for flavours.
As the world’s biggest region for beer volumes, Asia Pacific and China, in particular, is a vital market for any brewer to be in.
Tough competition in the Chinese beer market may see Suntory end its partnership with Tsingtao Brewery, according to a report.
PepsiCo is to sell mobile phones in China as part of a new licensing partnership under its Pepsi brand.
The Coca-Cola Co has broken ground on its 45th production plant in China as part of a US$4bn investment in the country.
Leading spirits producers' share prices rallied today despite another devaluation in China's currency, that hit stocks yesterday.
Tennis player Novak Djokovic was on top of the world yesterday after defeating Andy Murray in four sets to take the Australian Open title.
A joint US and Chinese study released this week found that a tea made with broccoli sprouts helps the body to break down and expunge high levels of the chemical benzene.
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