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China To Drown Hard Landing Sorrows In Beer
Whether it is US companies' reporting or Chinese data confirming, times are getting tougher for the world's engine of growth. So, like every well-balanced western nation, instead of turning to meditation and exercise, beer appears the chosen method of stress-relief for the Chinese. As Bloomberg Briefs notes, three of the top six brands of beer in the world are Chinese with the great nation consuming 50 billion liters per year - more than double the US 24 billion. Do not worry though, USA is still #1 at 74 liters per capita per year relative to China's 37 liters. It would seem the start of their recession is perfect timing for them to make a run at increasing that average yearly intake. Already this year, Chinese domestic beer production is up 2% YoY and imports are up 100% - perhaps the only 'rising' data point the nation has seen; and maybe the next great anti-growth indicator.
Snow almost doubles the world market share of Bud Light...
Source: Bloomberg Briefs
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Ghost beer....tastes great......less filling.
Berry up to the bar boy.
I only drink for two reasons: to forget my problems or to make other people look better. What's wrong with that?
I don't drink for any reason.......I just do it cause I can.
I drink alone with nobody else......why kill a good buzz?
http://www.youtube.com/watch?v=7L3SPpciPnA
I will drink to this. /raise glass
Everyone has to believe in something.
I believe I'll have another drink.
bewwy up to bah boi - corrected for you badabing
this is just the warm up.
think what jack daniels and jimmy beam could do with this info.
They are investing quite a bit in south america. Maybe a mexican cartel/chinese triad merger? The mexanise triel? This could be huge, get the CIA on the phone.
'All your suds are belong to us!'
We're number 1! We're number 1!
Yea ME!
well, well, well...we have something in common after all.
(ok, other than corrupt govts.)
The dreaded BBB (beer belly bubble) is not far behind.
Ben Bubblicious Bernanke.
Middle kingdom : tomorrow's land of the Obese?
King Croesus of commodities becomes Mr Creosote of Beer fest?
Where is the Monty Python on that one? !!
"Went to school there. Parents live there! Have many fine memories of Cornwall."
37 riters! Prease...
WE'RE #1!!
Seriously: Dud Light? C'mon people!
Yes.....you're number one.....now shut up and drink.
ya got that right!!
brewers nationally pay $3.6 billion annually in federal excise taxes, or about $18 per barrel
45% dud tax
The Chinese eat lot's of rice, now they get to drink it too!
As always, your worst options end up on top. It's a fact of life.
While watching football this weekend every beer commercial I saw had people clinking bottles together.
So.......out in the real world, who actually clinks their beer bottles together? Let's have a show of hands please. :)
<And are there AA meetings in China?>
<And are there AA meetings in China?>
yes...they're held in the opium dens.
I'd argue that opium is probably less destructive than alcohol. Hey, if you are going to replace one vice for another, why not.
At least opium gave us Coleridge and Baudelaire.
My experience, and that of some of my friends back in the day, was that opium can become a lot more destructive than alcohol because it can become more 'necessary' a lot quicker. It can start to get real hard to get to sleep without a puff (or two) after just a week or so of regular use. Not that beer or any other booze can't be destructive as hell, at least with opium nobody got into any fights.
Name yer poison, gents.
There were very few bars in Shanghai outside of kareoke bars or hotels.. but you could drink beer in the street
Sounds Iike you were in Shanghai for all of one day to come up with that erroneous observation.
The place is crawling with bars: tongren lu, hengshan lu, Xikang Lu, julu Lu, maoming Lu, the bund, Chang yi Lu, xiantindi...just a handful of bar street areas, separate from the numerous isolated local bars.
.
Yes, AnAnonymous meetings are a big part of Chinese citizenism.
Ah, ah, typical US of A 'american' citizenism term for Peoples Liberation Opium Parlours.
Not only that, how about all them realistic beer bodies we see on TV? Damn, I wish beer could make me look like that.
you're missing the point, jek. all those beers just make it seem women have those kinds of bodies. the more you drink the more irrisistable they are
Thankfully it worked both ways when I was a younger man. Otherwise I might never have procreated. :)
<There is no truth to the rumor that mom had to tie a pork chop round my neck to get the neighborhood girls to play with me.>
never thought of the benefits in reverse like that. woulda been a lot easier...
i just resorted to the ancient tried and true drag em by the hair back to the cave method.
it's not that i necessarily preferred women with long hair - but for the sake of expediency...
My mom used a carrot, hoping to be suggestive.
Yes... They are all young, beautiful and happy. Reality... Fat people who get winded if they have to walk up a flight of stairs, who always smell like stale smoke and who are, on average, fairly unhappy, minus the hour or so of time between being too sober to be interesting and too drunk to be able to keep it together.
Buzzkiller.
I've had some "clinked" over my heaed...
AA? Are the Chinese a bunch of quitters?
Qindao
Local beer tastes better.
No, I don't have an academic study proving the point.
I'll believe my own lying taste buds and nose.
Well mine certainly does BR. Now to make some brandy with the rotten peaches left over from this year's harvest.
Two birds with one stone. Sweet.
"Local beer tastes better.
No, I don't have an academic study proving the point.
I'll believe my own lying taste buds and nose."
The melamine gives it a nice hoppy aroma. The lead covers up the melamine after-taste.
I wrecked a good deal of Tsingtao when i was in Shanghai.. 3.0 RMB for a premium bottle (less than 50 cents) Go US$!
Attaboy Amigo! Tsingtao.....you could do worse.....and quite often I have.
Many on this blog have pointed out that drinking is the curse of the working class. Bullish for my breweries, bring it.
I had the opportunity to provide some angel funding for a small microbrewery in 2005. This has been the only truely smart investment/risk I ever took to date. They had 5 years of greater than 40% YoY growth. They are no longer a microbrew and are on target for over 20,000 barrel production this year. Miller bought everyone out in 2010 several times over. I don't want to know what they will make on these guys moving forward. A link to the brewery's website is below, may be a company to watch as I know Spike and John still have control over the majority of the company shares;
http://terrapinbeer.com/
Ill buy a round!
1,316,562,729 bottles of beer on the wall "of China" 1,316,562,729 bottles of beer....
.
Comment of the day!
The Pubs are empty in Ireland.
That says it all for the power of the Euro.....
People prefer to spend 25,000 Euro on a new diesel car rather then go to the pub with their mates.
Its such as sad little country now.
That is the true power of monetary units - it can change the entire society.
I have watched this car crash since at least 1987 and its awesome.
Ireland is no longer Ireland.
Its a mere conduit for global capital flows.
A little fucking toy for these bastards.
To Alcohol! The cause of... and solution to... all of life's problems (0:07)
http://www.youtube.com/watch?v=hUVwR0rw5fk
Well, I didn't expect that. No one ever does.
If only there was magic liquid to help us forget oir problems. Then life would be great!
Look at those brands...just goes to show that with enough advertising, you can get a large part of the population to drink horse piss.
Burp!
Definitely NOT number 1 http://en.wikipedia.org/wiki/List_of_countries_by_beer_consumption_per_capita
I Wonder what the price increase of grains will do to consumption globally.
Baijiu!!!!
Hong xing bai jiu, paint-stripper for the people!
certainly one of the benefits of a centralized system crash will be the flourishing of local micro-brews...........how anyone can drink those multinational bottles of piss-brew is beyond me......................
I'm tired of having to drink more than my fair share(well no not really) in order to boost the US per capita figures so I don't look so bad. Help me out and have a beer damn it!!!! As usual, the sheeple just look the other way and won't come together for a common cause.
I dont call Bud light exactly a beer.
It comes pre-digested.
It is illegal to sell Bud in Germany as beer. Adjuncts don't cut it.
If 1.3bn people drown their sorrows in Chinese beer, my money is on the sorrows...
There are worse ways to go.
Give the Chinese another generation or two then, when they're as fat as us, that per capita thing will skyrocket.
Actually its the US that has the catching up to do. We drink about 1/2 the beer of Germans, Austrians, and the Irish. Bartender - Make that a double.
Coming right up!
"Beer never solved anyone's problems; but then again, neither did milk."
On a more serious note :
Kissinger on China :
http://www.washingtonpost.com/world/national-security/kissinger-offers-w... new generation, Kissinger said, faces a “transformation over the next 10 years” of moving “400 million people from the countryside into the cities.” This will involve not just technical infrastructure problems but a change of values and also a change in the role of the Communist party, he said.
Kissinger said he had spoken to Xi Jinping, the expected next Chinese president, and believes he will seek such enormous internal changes that “it’s unlikely that in 10 years the next generation will come into office with exactly the same institutions that exist today.
“This is one reason why I do not believe that great foreign adventures or confrontations with the United States can be on their agenda,” Kissinger said. But because Xi faces the need to make difficult domestic changes, he may be more assertive in responding to foreign critics, he added.
“What we must not demand or expect is that they will follow the mechanisms with which we are more familiar. It will be a Chinese version . . . and it will not be achieved without some domestic difficulties.”
Kissinger offers wise words on China - The Washington Post
What this does not say is : ...if this is not the best moment, the next few years, for the US to declare WW3 on China! (I am obviously expressing the views of the neo-cons to whom Dear Henry has been affiliated, although he never was a total hawk; more a velvet glove/iron hand man), and I'm sure a lot of people in the MIC think that way.
Beer is the solution to all of life's problems, and the cause of many of them.
-Homer Simpson
Just sittin round drinkin with the rest of the guys
Six rounds bought, and I bought five.
Spent the groceries and half the rent
Like fourteen dollars and 27 cents....
Dang Me
Dung Me?