China's premium-beer market goes flat

Article Abstract:

The Chinese economy is in danger, and consumers are reacting by buying the cheaper local beers rather than premium imports such as Foster's and Lion Nathan. The rest of Asia reflects similar trends. Another factor in the brewing industry's troubles is the stiff competition among beers in Asia. Many companies have been forced to lower their costs and prices to counter the trend of decreasing sales.

Breweries, Malt beverages, Beer & Ale, China, Economic aspects, Brewing industry

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Miracle in clay

Article Abstract:

The Skardon River kaolin mining project has received over 140 million Australian dollars of investment since the early 1990s, but failed and was closed in 1999. In 2001 Minerals Corporation has acquired the mine and intends to succeed.

Australia, Mergers, acquisitions and divestments, Investments, Mineral deposits, Kaolin, Mines and mineral resources, Mining, Minerals Corporation

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