Morris Cai

Wineries

A 50-year-old Napa winery owned by Qinghai Huzhu Barley Wine Co., Ltd., a publicly traded Chinese company, has been suffering seven straight years of losses, totalling more than RMB 100 million (US$13.8 million), according to the latest financial report released by the parent company. Read More
The anti-graft watchdog in Xiamen is investigating the former deputy head of the state-owned conglomerate, C&D Group. Its wine division was once China's largest wine importer, wielding such significant influence that Bordeaux broke with tradition to accommodate the conglomerate. Read More