Archives for September 26, 2004

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China wakes up to instant coffee

With coffee sales in China growing by 90 per cent in the five years up to 2003, international companies are queuing up to carve up their slice of a market. Although tea is still the mainstay, the rapid switch to all things western means that coffee...

Carlsberg invests in North West China

Danish brewer Carlsberg has acquired a 34.5 per cent stake in Wusu Brewery, located in the Xinjiang Autonomus region. The move represents Carlsberg's ambitions to increase its presence in the less developed Western provinces.