Baijiu sales in 2025 suffered sharp drops but wine managed to grow for Vats Liquor Store. Read More
Baijiu
As China’s baijiu market becomes increasingly competitive and growth slows, producers are being pushed to look beyond their home turf. “Going global” has shifted from ambition to necessity. Read More
Chinese authorities have dismantled a major counterfeit baijiu operation that sold fake “vintage” versions of top brands through livestreaming platforms, with the case valued at about 260 million yuan (US$36 million). Read More
Waima Alcohol Delivery, the on-demand alcohol retail platform backed by Meituan, has surpassed 2,400 operating front warehouses nationwide, underscoring the rapid expansion of China’s instant retail model. Read More
China’s tobacco and alcohol shops once sat at the centre of the country’s wine and spirits distribution network.
For years, these neighbourhood stores served as … Read More
73% of alcohol deliveries now go to homes, while more than 90% of trade players warn the once-dominant banquet- and wedding-driven growth model is no longer sustainable.
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Grace Vineyard is now making a sharp turn toward baijiu and beyond, in a sweeping overhaul that could redefine its identity following its ownership change. Read More
Shenzhen Eternal Asia Supply Chain Management Ltd., once hailed as China’s first publicly listed supply chain company, expects to report its first annual loss since listing. Read More
The chairman of Wuliangye, China’s second-largest baijiu producer, is under investigation for suspected serious violations of discipline and law, Chinese authorities said. Read More
Diageo denied speculation that it is preparing to sell its Chinese baijiu business after reporting weaker first-half results and cutting its dividend, as sharp declines in China continued to pressure drinks giant. Read More