Companies / China
Tsingtao Heads To Bangkok In Search Of Global Ops
March 2009 | Company Finance AlertIn an effort to expand beyond the hugely competitive Chinese beer market, leading brewer Tsingtao has announced a THB2bn (US$56.4mn) investment in a Thai brewery. Not the obvious choice for a brewer, given the dominance of ThaiBev and the strength of the anti-alcohol lobby. Thailand has in fact been chosen for the investment because of its use as a logistical
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