The bottle in question was some type of clear spirit, purchased on a business trip to China, secondhand gifted to me. Its only English lettering was the word “Taiwan” and a three-digit number that I figured to be the spirit’s proof. It smelled like an auto mechanic’s shop on a humid July afternoon—stuffy like hot … [ Read more]
Huge Volume, Tiny Margins in the Chinese Beer Market
September 15, 2015 by Leave a Comment
The Wall Street Journal is reporting on the vexing beer market in China: five large conglomerates, including SABMiller and A-B InBev, all fighting for a share of a full 25% of global beer volume. Yet this intense competition is shrinking their margins. Thus China accounts for only 10% of global beer revenues and just 3% … [ Read more]
