baijiu

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 appetite for new investments has also caused prices for vintage Moutai to skyrocket. Read More

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

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 public funds on cigarettes and luxury alcohol. Read More

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 by public money. Read More

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 and abroad. Read More

If there's one thing that Chinese New Year celebrations are known for besides firecrackers and family reunions, it's gift giving. Read More

With living standards rising, and more international brewers eying the country's growing middle class, Chinese beer drinkers have become spoiled for choice, with brands like Carlsberg and Heineken becoming ubiquitous nationwide and a growing number of premium beers hitting bars and store shelves. Read More

Chinese collectors may be pushing prices for top Bordeaux and Burgundy vintages up on the global auction market, but in China, their appetite for new investments has caused prices for traditional Chinese distilled spirits to skyrocket. Read More

With demand for "super toys" booming among well-heeled Chinese, prices for European and British yachts, jets and wine have shown some of the greatest increases this year. Read More

Baijiu's boom-times show no sign of stopping any time soon. At a recent Beijing Poly auction in the Chinese capital, an extremely rare 1930s vintage from the distiller Nai Mao sold for a whopping 2.6 million yuan (US$409,152). Read More