China: Tsingtao Brewery has captured 20% of Beijing beer market

Tsingtao Brewery Co., the leading Chinese brewery, based in Qingdao city, has taken 20% of the beer market in Beijing, China�s capital, local media commented. Tsingtao entered the capital market at the beginning of the year. US beer giant Anheuser-Busch owns a 27% stake of Tsingtao.

With its Dayou brand, which held only 4% of the market last year, Tsingtao is reported to have taken a fifth of the market.

The dominant brewer in Beijing is Yanjing Brewery, based in the capital and has itself been looking to expand outside the city as China�s beer market continues to consolidate.