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Taiwan brewer invests in China

Taiwan Tobacco and Liquor Corp. - Taiwan's state-owned beer maker - will invest around 30 million US dollars to open a brewery in Shanghai to produce its signature product "Taiwan Beer" this year. he plant will produce 50,000 tonnes of beer and cut the price of Taiwan Beer, currently two to three times more expensive than mainland brands, to boost its competitiveness.

written on 01.08.2010 um 08:46.


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