Global big business and the Chinese brewing industry
From the 1970s to the 1990s, China implemented a wide array of industrial policies to build up indigenous big business groups in their attempts to '洗catch-up' with the industries of the developed world. With its entry into the WTO, China is under huge pressure to pursue the market-friendly policies advocated by the advanced economies. This is the first book in English that applies the theories of big business, catch-up and state intervention to the Chinese brewing industry. Having gathered first-hand research in China, Yuantao Guo analyzes the relationship between big business, competition and state intervention in the context of developing economies, demonstrating the implications of the industrial concentration and value chain integration of the global big business revolution for catch-up by developing world industries, considering to what extent state intervention can allow them to meet the competitive challenge. Examining these themes in relation to the Chinese brewing industry, Yuantao Guo uses detailed case studies of the Yanjing and Tsingtao breweries in order to detail the struggles that Chinese brewers have faced. This book makes a significant contribution to modern day discussions on globalization.
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Big business and competition
The global big business challenge and catchup
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AB's acquired brewers acquisition AmBev Anheuser-Busch associated industries bargaining power Beer manufacturing/trading Beer Beer's Beijing beverage big business revolution brand image CAGR Carlsberg cent challenge China Food Industry China Light Industry Chinese brewers Chinese brewing industry competitive advantages consolidation domestic brewers domestic rivals dominance Food Industry Almanac foreign brewers foreign rivals Fujian giant firms glass bottles global big business global giant brewers global giants growth Guangdong huge ibid InBev increase Interbrew intervention investment Laoshan large indigenous brewers large indigenous firms large SOEs largest leading global brewers Lion Nathan logistics manufacturing manufacturing/trading Beer manufacturing/trading market share million litres national champions national giants Nolan Oetker Group packaging innovation pillar firms preferential industrial policies premium production profits Qingdao Qingdao City Rexam role SABMiller scale economy shareholder Shunyi District SOEs strategic alliance suppliers Tsingtao Beer Tsingtao Brewery value chain wholesalers wide array Yanjing Beer Yanjing Brewery Yanjing's Zhujiang