Chinese Beer Gains Dominance in Russian Market
In August of this year, China's beer exports to Russia reached record highs in both value and volume, making Russia the largest importer of Chinese beer. Chinese beer quickly filled the market space left by the withdrawal of international beer giants, leveraging its production capacity, product diversity, and price advantages. Convenient logistics channels like the China-Europe Railway Express and local currency settlement also contributed. The high growth trend is expected to continue in the short term, but potential risks need to be monitored.
