China Resources Beer is in talks to buy Heineken 's China operations in a deal potentially worth over $ 1bn . Details have not been finalised and talks could yet fall apart, the sources said. European brewers like Guinness have been facing increasing competition from local producers in the emerging markets , such as China , which is now the world 's biggest beer producer by volume .
China Resources Beer is in talks to buy Heineken 's China operations in a deal potentially worth over $ 1bn . European brewers like Guinness have been facing increasing competition from local producers in the emerging markets , such as China , which is now the world 's biggest beer producer by volume .