Through a spate of acquisitions, companies like Tsingtao Brewery are trying to build the critical mass necessary to compete with the world's multinationals.
On 15 July 1993, in the Tsingtao Brewery became the first Chinese enterprise to list its H shares on the exchange.
During the festival, there are shows in the city and people enjoy many varieties of international beer instead of Tsingtao Brewery only.
In 2008, Carlsberg sold its remaining interest in the Shanghai brewery to Tsingtao Brewery.
It is also the site of the Tsingtao Brewery.
Commercial interests established the Germania Brewery in 1903, which later became the world-famous Tsingtao Brewery.
Tsingtao Brewery, originally founded by Germans and the most exported beer from China.
The beer of the Tsingtao Brewery is said to have been brewed originally with Laoshan spring water.
Not long ago, Tsingtao Brewery looked unbeatable.
Huang introduced the Cleveland Cavaliers to Tsingtao Brewery, which resulted in an historic agreement between the two.