baijiu
China Becomes World’s #1 Importer Of Armagnac
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
Will Lower Prices & Shifting Demand Hurt High-End Baijiu Brands?
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
Can Baijiu Take London? Diageo Seems To Think So
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… Read More
The Future Of Wine In China (Part 2)
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… Read More
China’s Booze Collectors To Duke It Out For $160K Vintage Moutai
The emergence of Chinese collectors as a major force in the wine auction market may be pushing prices for top Bordeaux and Burgundy higher and higher, but in China, their… Read More
More Chinese Drinkers Turning To Imported Spirits, But Baijiu Still King
As the world's largest beer producer and consumer, the number two consumer of cognac and seventh-largest consumer of wine, China is rightfully considered a massive market for international drinks firms. Read More
After Targeting Luxury Cars, Chinese Government Mulls High-End Booze Ban
Coming on the heels of last month's announcement that it may require government offices to purchase only domestic auto brands, Beijing recently said it plans to ban officials from spending… Read More
Baijiu Maker Moutai At Center Of Beijing Luxury Debate
During sessions at Beijing's National People's Congress this week and on social media platforms like Sina Weibo, debate is raging in China about officials' spending on wining and dining, funded… Read More-
With Eye On Chinese Middle Class, LVMH Buys Stake In Domestic Retailer Ochirly
The China market has obviously been pretty good to the luxury consortium LVMH, which posted forecast-beating 22 percent global growth in 2011 due heavily to Chinese spending both at home… Read More -
Diageo Teams Up With Swarovski For Chinese New Year Gift Pack
If there's one thing that Chinese New Year celebrations are known for besides firecrackers and family reunions, it's gift giving. Read More
