--FILE--A pedestrian passes by an advertisement for Budweiser beer in Shanghai, China, 26 August 2011. Anheuser-Busch InBev NV, the worlds biggest beermaker, plans acquisitions in China as beer drinking rises in its third-largest market. Business in China is growing at a double-digit rate, so thats very good, CEO Carlos Brito said at the Boao forum in Hainan. We also have plans for inorganic growth because we have parts of the country where we have no breweries but where we sell our brands. It makes sense to have the production place closer to the consumption place. The Leuven, Belgium-based maker of Budweiser beer will boost capital spending globally to US$3.7 billion this year as it increases investment in capacity expansion into Brazil and China. Brito, who spearheaded a bid for Mexicos Grupo Modelo SAB, said the growth potential of the beer market in China was humongous, with per-capita consumption levels of the beverage much lower than elsewhere in the world.
