AB InBev to expand beer capacity as competition heats up

Anheuser-Busch InBev, the world's largest brewer by production volume, plans to expand plant capacities in China next year to drive growth.

AB InBev is seeking to compete with both domestic and foreign brewers in China, said the group's top executive.

The Leuven, Belgium-based company opened a new brewery with an annual production capacity of 1.5 million metric tons of beer, in Putian city of Fujian province plant earlier this month.