There must be something festive in the air as Chinese New Year approaches, since I'm writing about the alcoholic beverages industry for the second time this week with word that leading domestic...
- Fri
- May 24, 2013
- Updated: 9:37am
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If you think the producer of the world's most sought after Bordeaux is worried about a slowdown in sales in China, think again.
In 2003 I managed to visit the top three Chinese wineries: Dynasty, Changyu and Great Wall.
Mao-tai is at a crossroads. Prices for the highly alcoholic drink have collapsed after a de facto ban on its use at official functions.
Meanwhile, global luxury brands are circling...
Yihaodian, the mainland e-commerce service controlled by the American retail giant Wal-Mart, plans to uncork the growing domestic demand for imported wine by bringing brands from the world's top...
There is no doubting the most revered name in mainland wine circles, especially among the Bordeaux-loving, money-splurging, face-seeking nouveau riche.
Dynasty Fine Wines aims to climb the value chain to break into the high-end market dominated by French labels.
The consumption of imported wine on the mainland shot up sixfold in just five years, making it the fastest-growing market in the world, a global survey shows.
China habitually captures headlines for setting world records at wine auctions and for its insatiable demand for fine wines such as Chateau Lafite.
Moet Hennessy's joint venture to produce high-end sparkling wine on the mainland would expand the nation's wine market and mature its industry, producers said.
Every day, thousands of Chinese citizens flock towards Beijing's State Bureau for Letters and Calls, hoping to submit petitions over their grievances over illegal land requisitions, unpaid wages...
China's national liquor, Maotai, is seeking to conquer the world.
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