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  • August 28, 2014
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  1. News - China

    Move over tequila, here comes baijiu

    Posted May 29th 2013, 09:04pm by Reuters

    ... Reuters in Chengdu Chinese baijiu, a flammable, pungent white liquor averaging a 110-proof wallop, is the world’s most consumed form of liquor thanks to its popularity in China, but for the first time distillers are looking to develop export markets. According to data from International Wine & Spirit Research, Chinese people drank over 11 billion litres of baijiu last year; ...

  2. Business - Companies - EARNINGS

    Baijiu producer hit hard by mainland China crackdown

    Posted Dec 03rd 2013, 05:45am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Baijiu producer hit hard by mainland crackdown Baijiu producer Silver Base's interim loss jumped 335 per cent from the same period last year ... industry but one with thousands of years of history. From 2012, we've been increasing our low-end brands of baijiu and there's a lot of growth in that," Liang said, pointing ...

  3. Business - Companies

    China’s baijiu, drink of generals, pushed to bargain bin

    Posted Sep 11th 2013, 11:28am by Reuters

    ... Adam Jourdan in Shanghai Nearly three-quarters of a century after it was hailed for helping China’s Red Army survive the tortuous Long March, fiery grain liquor baijiu has fallen down the ranks, hit by a crackdown on luxury spending that has clouded its prospects. For decades, famed baijiu makers Kweichow Moutai and Wuliangye Yibin enjoyed fat profit margins that once dwarfed ...

  4. Business - China Business - BEVERAGES

    China's Baijiu makers eye overseas markets to increase revenues

    Posted May 31st 2013, 12:00am by Reuters

    ... Reuters in Chengdu With mainlanders consuming more imported spirits, local distillers have lost market share Baijiu producers seekto boost drink overseas Baijiu, a flammable, pungent white ... markets. According to data from International Wine & Spirit Research, mainlanders drank more than 11 billion litres of baijiu last year, and the spirit, distilled from sorghum, wheat or rice, ...

  5. Business - China Business - ALCOHOL

    Baijiu sales hit by China's crackdown on extravagance

    Posted Feb 13th 2013, 12:00am by Kwong Man-ki

    ... Kwong Man-ki in Beijing phoenix.kwong@scmp.com Baijiu, particularly the more expensive brands, was not in great demand this festive season as a result of the central government's crackdown on extravagance Top-priced Baijiu, the fiery spirit traditionally drunk during Lunar New Year, was noticeably absent from gan bei gatherings this year in response to a government campaign ...

  6. Business - China Business - MR. SHANGKONG

    Will baijiu and casinos fall out of national favour in Xi era?

    Posted Dec 10th 2012, 12:00am by George Chen

    ... George Chen george.chen@scmp.com Government action to target liquor and gaming sectors of the mainland economy has dampened spirits- and share prices- among the wealthy Will baijiu ... to fight. Chinese liquor, also known as baijiu, is no stranger to foreigners who travel to the mainland for business. The fiery white tipple is often used to lubricate dealmaking with local partners ...

  7. Business - Companies - INTERNET

    Online liquor store Jiuxian lands 300m yuan investment

    Posted Aug 21st 2014, 06:37pm by James Griffiths

    ... to go into a new business,” Don St Pierre Jnr, co-founder of ASC Fine Wines, told the South China Morning Post at the time. In addition to wine, Jiuxian stocks baijiu, which has also seen ...

  8. Business - China Business - COMPETITION

    Chinese distillers fined 449m yuan for price-fixing

    Posted Feb 20th 2013, 12:00am by Celine Sun

    ... Celine Sun in Beijing celine.sun@scmp.com Baijiu makers Moutai, Wuliangye first domestic giants to be punished in antimonopoly blitz Distillers fined 449m yuan for price-fixing ... practices. The two firms admitted on their official websites earlier that they had violated antimonopoly laws by charging penalties to distributors who sold their baijiu alcohol products at lower ...

  9. Business - Companies

    SABMiller thirsts for China market

    Posted Feb 06th 2013, 12:44pm by Doug Young

    ... Doug Young Foreign spirits makers are likely to make bids for some mid-tier baijiu makers in the next two years as the market consolidates Western alcoholic beverage giant SABMiller ... of traditional baijiu liquor. For those who don't follow the China liquor market too closely, baijiu makers have been under pressure since the beginning of the year, when media first began reporting ...

  10. Trouble brewing

    Posted Feb 25th 2009, 12:00am by David Eimer

    ... David Eimer At first glance, sake and baijiu could be cousins. Both are clear, potent drinks with a taste people either love or hate. But baijiu- liquor distilled from grains including ... 482,000 litres of the Japanese rice wine last year. Sake is now a trendy choice for young, affluent Chinese looking for an alternative to beer and baijiu. Crucially, it is far more popular ...




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