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COPYRIGHT 2004 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com
Byline: Alexandra A. Seno
Anheuser-Busch calls Bud the "King of Beers" at home, but after spending 10 years and $1 billion to break into China, it's just another pretender there. Competition from more than 400 local breweries has squeezed the price of a bottle to as little as 12...
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