Anheuser-Busch's China Growth Strategy Is at Risk From the Coronavirus
Anheuser-Busch InBev (NYSE: BUD) might still rely upon the U.S. for most of its beer sales, but China is crucial to its future, not least because it is the biggest beer market in the world, bigger than the U.S. and Brazil (No. 2 and No. 3, respectively) combined.
Yet the novel coronavirus outbreak that has claimed hundreds of lives and sickened tens of thousands threatens to put the brewer's growth strategy at risk.
Image source: Budweiser Brewing Company APAC.
Source Fool.com
