Budweiser group's China beer sales plunge by double digits

APAC CEO blames drop-off on COVID reopening hangover, weather, weak consumption

20240801 Budweiser beer 2

A server pours Budweiser at a beer festival in Beijing. Budweiser Brewing Co. APAC, the Hong Kong-listed regional arm of Anheuser-Busch InBev, has reported sharply weaker performance in the country. © Reuters

KENJI KAWASE, Nikkei Asia chief business news correspondent

HONG KONG -- Disappointing performances in China are dragging down the results of top global brewers, another sign of sluggish consumer demand in the world's No. 2 economy.

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