Carlsberg Executive Sees No Change to Chongqing Strategy

April 18 (Bloomberg) --Roy Bagattini, senior vice president for Carlsberg A/S (CARLA)’s Asia region comments on Chongqing after Bo Xilai’s removal as Chongqing Communist Party Secretary. Carlsberg last year signed an agreement with 30 percent-owned Chinese partner Chongqing Brewery Co. (600132) to make Tuborg in the western China city.

“We are very collaborative with the Chongqing government. We are very focused on our business there.”

“Our relationship with the local government, our relationship with the management we feel is going from strength to strength. We are still very optimistic and very positive about the investments being made and we will continue to make further investments. We see no reason for us to change and think differently about our strategies in Chongqing today.”

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