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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