China Resources Beer is the maker of the world’s bestselling beer, Snow. Photo: Reuters
China Resources Beer is the maker of the world’s bestselling beer, Snow. Photo: Reuters

China Resources Beer, country’s biggest brewer, buys 55 per cent stake in local baijiu brand for US$1.6 billion

  • The maker of the world’s bestselling beer, Snow, is buying a stake in Guizhou Jinsha Jiaojiu Winery as it seeks to diversify its drinks portfolio
  • The company sees the market for baijiu – a colourless liquor with a strong aroma and high alcohol volume – as holding huge potential

China Resources Beer is the maker of the world’s bestselling beer, Snow. Photo: Reuters
China Resources Beer is the maker of the world’s bestselling beer, Snow. Photo: Reuters
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