Drinkers to give Asian growth shot in the arm
China Daily | Updated: 2009-07-21 08:02
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Alcohol sales are growing throughout Asia, with big beverage firms hoping this can steer them through current economic woes. Bloomberg News |
SINGAPORE: The crowds drinking beer in the bustling bars of Mumbai and Shanghai underscore the motive behind a flurry of recent merger and acquisition activity in Asia, with forecasts of strong growth for beer and spirits in years to come.
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