Having A Company In China Can Be A Major Plus...

So China has been in the news lately, but more specifically the beer brewery industry and being major business leaders in general. In the Business Weekly post titled "Foreign Beer Makers Raise Their Glass To China," talks about how beer in china can be about $0.32 but premium beer like Budweiser can be more than three times that aamount. The article said that beer sales increased by 4.8 percent last year, to 47.5 billion liters. By 2016 they could top 61 billion liters with sales growth of premium brands set to outpace that of economy brews, market researcher Euromonitor International predicts. “Premium beer is mainly for gatherings of friends and family, when consumers are willing to pay more for brands that give them status,” says Doreen Wang. Company's like to sale their beer there because the premium brands that are more here are cheap there, so they sale out much faster, therefore they make more money there. As far as other parts of business in china, The writer said these words,"More American entrepreneurs are benefiting from a surge in foreign investment from China, according to The Wall Street Journal. Take Brad Williams, the founder of a recreation-vehicle firm that is about to hire 1,200 workers and boost production this year to 40,000 motor homes. It was all made possible by a $310 million cash infusion from a Chinese investor who sees Asia as an untapped market for American-made RVs." All in all, I must say that China is the top place to be when it comes to business. Not only is China excelling in these two businesses, the Inc post titled, "From China, With Love" says that there is success in businesses like the salon industry, app Internet using, and Video chatting on Facebook. If you ask me, I would say that if you want a business to be a success, partner with China. Works Cited: 1. Anonymous. Foreign Beer Makers Raise Their Glass To China. April 23 2012. Retrieved from: http://www.businessweek.com/articles/2012-04-19/foreign-beermakers-raise-a-glass-to-china 2. Siriwardane,Venuri. From China, With Love. April 18 2012. Retrieved from: http://www.inc.com/staff-blog/from-china- with-love-.html