Articles by 陈志林

Ice and Fire: Domestic Beer Almost Entirely Retreats, Foreign Brands Rise Strongly - Is the National-Foreign Battle the Cause of Local Defeat?

After years of explosive growth, the domestic beer industry has seemingly hit a 'ceiling' in recent years, with not only sluggish growth but also widespread declines. Among the eight listed beer companies that have published annual reports, only one saw both revenue and net profit increase. Meanwhile, imported beer continues to grow, seizing the high-end market and reaping profits.