Master Kong’s iced tea. The company enjoyed 48 per cent market share of the ready-to-drink tea sector in China as of the third quarter last year. Photo: Handout

China has a tea habit – and it means big business

  • China’s ready-to-drink tea market was worth US$11.7 billion by the end of 2015
Topic |   Retailing

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Master Kong’s iced tea. The company enjoyed 48 per cent market share of the ready-to-drink tea sector in China as of the third quarter last year. Photo: Handout
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Yujing Liu

Yujing Liu

Yujing Liu is a business reporter with a passion for understanding and explaining the fascinating complexities of China’s economy and society. Originally from Beijing, she joined the Post in 2017 after graduating from the University of Hong Kong with a degree in politics and journalism.