baijiu

Looking to recoup domestic revenues lost to Beijing’s ongoing anti-luxury crackdown, some makers of high-end baijiu are setting their sights on tourist and expat Chinese communities abroad. Read More

It's not just makers of high-priced baijiu that are taking a hit from Beijing's ongoing frugality campaign and a military ban on extravagant banquets. Read More

Though makers of high-end baijiu have reportedly been hit hard by Beijing's ongoing frugality campaign, sales of imported liquor continue to plow ahead as more Chinese drinkers knock one back at home. Read More

The Chinese government's ongoing crackdown on officials spending public money on high-priced liquor and banquets isn't just hitting the baijiu market in Beijing, it's causing a ripple effect throughout the country that seems to be benefiting the wine industry even in second-tier cities. Read More

We've previously noted the changing dynamics of China's culture of gift-giving, hastened by Beijing's recent crackdown on excessive spending by government officials, but this week, a new Hurun Report survey finds that two luxury segments in particular have been the hardest hit. Read More

Though they may privately fret about the potential effects of Beijing's current clampdown on public spending on high-end Chinese spirits at official banquets, home-grown liquor producers like Kweichow Moutai continued to record strong profits in the third quarter of the year. Read More

Adding yet another world-ranking badge to its sash, China is now the world’s largest importer of armagnac, displacing former reigning consumer Britain after a huge surge in sales in 2011. Read More

The names Moutai and Wuliangye, tongue-twisters to non-Mandarin speakers, are known throughout their native country to even the most sober of Chinese. Read More

The much-hyped overseas march of baijiu may not have turned many heads in the US, but Diageo is confident that it'll find a receptive audience for its Sichuan-based baijiu brand Shui Jing Fang in the UK. Read More

Based on the factors outlined in my last column, and of course also shaped by the general direction of the global and Chinese macro-economic environments, several potential scenarios are possible for the future of China’s wine industry. Read More