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China's biggest brewer seeks deals with foreign brands: CEO

China Resources Beer looks to move upmarket amid changing consumer tastes

China Resources Beer CEO Hou Xiaohai expressed eagerness to sell global brand beer in China.

HONG KONG -- China Resources Beer is negotiating partnerships with foreign breweries as it sharpens its focus on premium beer, according to CEO Hou Xiaohai.

With more Chinese consumers drinking foreign beer brands, especially younger people, overseas tie-ups will help China's biggest brewer move upmarket, Hou told an earnings conference here Wednesday.

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