Morris Cai

Companies

As many as 70% of China’s liquor chains have joined the on-demand retail boom, betting on 20-minute delivery to revive sales. But behind the rapid expansion lie steep costs, price wars, and doubts over whether traditional shops can truly profit. Read More
Château de La Rivière, a prominent Bordeaux wine estate linked to a fatal helicopter crash in 2013, has been sold by its Chinese owner to Luxembourg-based private equity firm GFI, marking the latest withdrawal of Chinese capital from France’s wine industry. Read More