The beer biz never sleeps at American Craft Beer. And here’s just some of what’s been happening in the world of craft beer, while you were drinking your way through the weekend.
Stone To Build Upon Their Presence In Virginia (Richmond, VA) – It’s been reported that construction could begin within a couple of months on Stone Brewing’s much-anticipated World Bistro & Gardens restaurant and taproom in Richmond’s uber-trendy East End neighborhood.
Stone’s East Coast hub in Richmond was always conceived as a two-facility operation. The Escondido, California-based craft beer leader opened its production brewery and tasting room in early 2016. It’s currently at full-capacity and its tasting room is doing record numbers.
Now Stone is looking to soon begin construction on the long-awaited second leg of their East Coast incursion, Richmond’s own World Bistro & Gardens which they hope to open late next year. Located in a former terminal site in a scenic downtown setting, the planned riverside ‘beer destination’ will include a completely renovated four floor space, with a rooftop dining area, and up to 700 seats.
Words To Drink By (Shanghai) – “There is a serious tendency towards capitalism among well-to-do peasants.” Chairman Mao, Chinese leader
Craft Beer Surges In China (Hong Kong) – Craft beer is reportedly emerging as a force to be reckoned with in the world’s largest beer market, China, where breweries like Panda Brew and Great Leap Brewing are flourishing.
Craft breweries in China are now sprouting up all around the country. Especially in its affluent urban centers where converts are proving that they’re willing to spend sometimes up to ten times more on a well-crafted artisan beer than they would on one of the country’s many mass-market lagers.
In 2016 there were more than 150 craft breweries in China. That’s up almost threefold from the previous year. And overall consumption of craft beer in China has surged by two-thirds over the past five years, according to GlobalData, mirroring a global pattern: consumers often gravitate to better beers as they get richer.