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Tsingtao looks at M&A for expansion

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Tsingtao looks at M&A for expansion, Tsingtao Brewery Co Ltd, Asahi Breweries, China Resources Enterprise Ltd, packaging
CHINA –
One of China’s most popular beer brands Tsingtao Brewery Co Ltd posted a 21.6% increase in profits for the financial year of 2010, and revealed that it plans to grow this year through acquisitions and plant expansions.
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