spirits
Luxury Gift-Giving In China: Down, But Definitely Not Out
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… Read MoreGanbei! Demand For High-End Spirits Buoys Chinese Producers
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… Read MoreChina 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 MoreChina’s Thirst For Cognac & Whisky Boosts Pernod Ricard
Though demand for fine wine, whisky, vodka and even craft beer continues to climb among China's expanding middle class, cognac remains the preferred tipple for many of the country's wealthier,… Read MoreBottoms Up: China’s Alcohol Imports Jump 58 Percent
If there's one area of the Chinese market that has continued to do incredibly well regardless of all others, it's high-end imported spirits. Read MoreWill 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 MoreCan 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 MoreEvent Watch: Martell Artists Of The Year 2012 (Beijing)
Like every major cognac maker, Martell continues to invest significant amounts of time and money to better tap China's booming demand for the spirit, imports of which grew 21.5 percent… Read MoreChina’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 MoreMore 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