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Panda Beer anyone? Craft beers flow in middle-class China

Craft beers are typically more expensive than mass-market, low-alcohol content brews like Budweiser and China's Yanjing. But as China's middle class grows, so too does its tastes for finer products. A ... read more

3 Ways To Play The Rising Asian Middle Class

To get a feel for this massive growth, it works out to around 438,000 new entrants a day to the middle class — every day. Most of the rise will be in China and India ... My 3 ways to play the rising A... read more

Tap is open for US craft brewers to barrel into China

Like the small-batch beer connoisseurs in the West, the Chinese are developing a palate for craft brews. Rising incomes and a growing middle class in China are two reasons for heightened interest in . ... read more

Great Drives - End Of The Road Alaska

But if Kennicott--already smack in the middle of the enormous new Wrangell-St. Elias National Park--is enfranchised, you can say farewell to the towns' remoteness and the hand-powered tram across the ... read more

Proposing Solutions to Overtourism in Popular Destinations: A Skift Framework

Skift has identified five solutions to overtourism ... particularly in Europe and developing economies in Asia with the rise of the middle class. Low-cost carriers have proliferated, while megaships f... read more

Is There A Reason For This Hidden Champion To Lag The Market? I Don't Believe So

In March 2017 a report estimated that the Chinese wine market will grow by almost 40% over the next 3 years. It would then become the largest wine consumer behind the US. The urban middle-class popula... read more

AB InBev, SABMiller brew up $100 billion deal

For AB InBev the SABMiller deal will give it more breweries ... in favor of craft brews and cocktails. Africa is expected to see a sharp rise in the legal drinking age population in the next few years ... read more

Transcript: Read the Full Text of the CNBC Republican Debate in Boulder

Ten presidential candidates met for the third Republican debate in Boulder, Colorado ... And the net result is the middle class has $2,300 less in their pockets than the day that Barack Obama got elec... read more

Text of President Clinton's 1998 State of the Union Address

First, Americans in this Chamber and across our Nation have pursued a new strategy for prosperity: Fiscal discipline to cut interest rates and spur growth ... we enacted targeted tax cuts so that the ... read more

The Immigrant Sport: What Ping-Pong Means In America

She had short hair and a thick accent, and she told me to come back the next week for her youth class. For five years I played ping ... carbon blade by Cornilleau, rubbers by a Chinese company called ... read more

Craft beer is booming. Is that bad news for the U.S. economy?

Not too long ago, craft brewers and their fans were worried about larger competitors putting them out of business. The likes of Anheuser-Busch InBev were snapping up craft breweries at a brisk clip in ... read more

What do we mean by “middle class”?

Liberals credit government programs with helping create a thriving American middle class after World War II. They cite the G.I. bill, home mortgage interest deduction and state university system as ex... read more