Wednesday, May 30, 2007

Sweden's Vin & Sprit in China joint venture

(Reuters) - By Johannes Hellstrom



STOCKHOLM, May 30 - Absolut vodka maker Vin & Sprit has formed a joint venture with Chinese baijiu producer JianNanChun in a bid to tap into a $19 billion market for the domestic spirit, the Swedish firm announced on Wednesday.


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