China’s Drinking Amazingly More Beer

Its’a good news for Chinese brewers.
Chinese brewer’s profits sparkle .
Tsingtao, China’s most famous brewer, has seen its half-year profits soar by 77%. China’s beer market is the largest in the world by consumption, and grew by about 15% last year, according to Anheuser-Busch.
The company, 27% owned by US giant Anheuser Busch, made a net profit of 235.1m yuan ($30.5m; £15.2m) in the last six months of 2006. That compares with 132.9m yuan for the same half-year period in 2005.

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