China Resources Beer Holdings said it was increasing the prices of some of its products because of rising production costs. Photo: One Red Eye

China’s top beer makers lift prices in tandem for the first time in a decade

The moves come as the country’s brewers suffer from low profit margins because of rising labour costs, higher material prices after China’s new environmental policy, as well as increased competition from imported brands

Topic |   Consumers

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China Resources Beer Holdings said it was increasing the prices of some of its products because of rising production costs. Photo: One Red Eye
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