The English version of the Chinese newspaper, The People’s Daily, had an interesting article about international breweries investing heavily in the world’s biggest beer market: China. Entitled, Big Brewers Fermenting Deals in Southwest, it details, for example, how MolsonCoors has “recently spent $40 million to buy a 51 percent stake in a new joint venture with the Hebei Si’hai Beer Company.” Coors Light “now accounts for 10 percent of China’s premium beer market.” Carlsberg is making similar investments, and Anheuser-Busch InBev “started work on a new brewery in Ziyang, Sichuan province, this year.” And that’s just in the southern part of China. It’s a big market.
