China: Latest beverage news & analysis
Looking through the mist, Chris Losh can see China's wine production efforts becoming of greater importance to the wine world than the country's potential to consume the stuff.
Ask a Chinese person about Chile and they will immediately mention one thing - cherries. The country is famous in China for its red cherries, which people see as wholesome and healthy. Chilean wine, however, is quickly catching up in the recognition stakes. According to Wines of Chile, exports to China increased by 47% last year, and the country now ranks as the third-biggest market for bottled Chilean wine.
China Resources Beer, the joint-owner of Snow with SABMiller, released its full-year results for 2015 this week. The company will soon gain full control of Snow after it agreed a deal with Anheuser-Busch InBev this month, so here's a low-down on the brand, using data from CR Beer's investors presentation.
For a company dead set on becoming the biggest in its field – and reportedly beyond – Anheuser-Busch InBev's decision to sell off SABMiller's stake in China's CR Snow to JV partner China Resources Beer looks more like a step backwards - and a very cheap one at that.
Considering the disparity of performances from Cognac brand owners in China, I've been looking at what's really happening within the country, and have been talking to some brands about their varying strategies and view of future prospects. First, let's look at the numbers.
Chilean wine company Santa Rita has launched an e-commerce store with Chinese retail platform Tmall.
Bacardi has lined up JD.com as its online retail partner in China.
Leading Chinese baijiu producer Beijing Red Star Co is set to roll out an international brand for the first time.
Diageo's latest Johnnie Walker House in China is to share space with the company's baijiu brand, Shuijingfang.
Pernod Ricard's CFO has welcomed a return to growth for baijiu in China but said he is happy the company had not yet bought into the category.
Chinese dairy firm Yili Industrial Group has launched a new yogurt drink containing juice balls that burst in the mouth.
Tsingtao Brewery's first half profits slumped 11% as China's second-largest brewery suffered amid weak consumer spending in the country, according to a report.
COFCO subsidiary China Foods is considering the sale of stakes in ten Coca-Cola bottlers in the country, as the Coca-Cola Co's bottler refranchising scheme gains momentum.
The number of urban upper-middle-class wine drinkers in China is still on the increase despite a slowing economy, according to new research.
China Resources Beer aims to raise HKD9.5bn (US$1.2bn) in a share sale to help fund the purchase of SABMiller's stake in its Snow beer joint-venture.
Major wine players flocked to China ready for online giant Alibaba's 9.9 Global Wine and Spirits Festival, which took place on 9 September.
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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