clipped from: news.yahoo.com   

China's Snow jumps Bud Light to be world No 1


LONDON (Reuters) – Chinese beer Snow leapt ahead of Bud Light to become the world's biggest selling beer as China stretches its lead as the largest beer market in the world, according to provisional data from researcher Plato Logic.


Snow, which is brewed by SABMiller and its Chinese partner China Resources Enterprises Ltd, saw its 2008 sales volumes jump 19.1 percent to 61 million hectoliters putting it well ahead of Bud Light and sister brew Budweiser.


The Snow range of brands accounts for 84 percent of sales at the China Resources-SABMiller joint venture in 2008, the Chinese group reported in its 2008 results earlier on Tuesday.


However, AB-InBev argued that Bud Light was the world's best selling beer as a single trademark brand as Snow represents a family of beer brand that include at least 25 extensions.


1. Snow (range) 61.0

2. Bud Light (range) 55.6

3. Budweiser 43.4

4. Skol (Brazil) 35.4

5. Corona 32.7

6. Heineken 29.1