State-backed China Resources Beer (CR Beer) said on Monday that its overall sales volume declined 3.4 per cent year on year in the first half of 2024 amid a “significant contraction in consumer ...
Inaugurated in 1991, the beer festival has grown into one of the most famous in the world. Qingdao is home to the Tsingtao Brewery, the base of a time-honored beer brand in China.
China Resources Beer had the largest volume share in China’s beer market in 2023 and its Snow brand commands over 20% share, according to Euromonitor. This has been enabled by decades of ...
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The government has started anti-dumping probes into beer and certain steel products from China, adding to a string of measures targeting Chinese exports by trade partners around the world. Officials ...
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