SABMiller builds brewery in China

08/27/2004 | Wall Street Journal, The

With China's existing beer assets skyrocketing in the last 18 months, SABMiller has decided to make an $82.2 million investment to build its own brewery in the world's largest beer market by volume. The influence of Western-style breweries, according to analysts, could force Chinese breweries to become more efficient or be forced out of business.

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