Moutai profit growth has dropped significantly over the past year.

More Bad News For Baijiu As Bottle Prices Drop

Amidst the continuing crackdown on banquet and gifting culture, recent Chinese news reports that Mou...
remydance02

China On Track To Be World’s Biggest Cognac Consumer

Already the world's largest importer of cognac in terms of value, China is expected to surpass the U...
Diageo built up a stake in the owner of the Shui Jing Fang brand in 2011

Whisky Soars, Baijiu Droops In Wake Of Beijing’s Frugality Campaign

Though makers of high-end baijiu have reportedly been hit hard by Beijing's ongoing frugality campai...
“China Has Become A Very Important, Huge Market For Every Cognac Company”

“China Has Become A Very Important, Huge Market For Every Cognac Company”

Ranking second after the US in cognac consumption, China has quickly become the number one target ma...
Mancino Vermouth launched late last year

Shaken And Stirred: Vermouth Makers Look To Gain Foothold In Hong Kong

With many locals still hung up on spirits like cognac or Scotch, a small but devoted coterie of Hong...
French imports dominate the high end of the wine market in China

Baijiu Sinks, Wine Booms In Second-Tier Wuhan

The Chinese government's ongoing crackdown on officials spending public money on high-priced liquor ...
Moutai from the 1950s is particularly sought-after by Chinese collectors

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'...
Wuliangye and Moutai are two of China's top spirits brands

Ganbei! Demand For High-End Spirits Buoys Chinese Producers

Though they may privately fret about the potential effects of Beijing's current clampdown on public ...
Armagnac is considered France’s oldest traditional spirit

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 a...
Last year's ceremony honored the work of artists like Sui Jianguo and Hai Bo

China’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 expa...