Morris Cai

Market analysis

In an exclusive interview with Vino Joy News, Zhang Haixiao, CEO of Nine Coast’s sales subsidiary Vin Manson, described how ALDI’s 996 wine became more than just a commercial success — it became a case study in how China’s wine and retail industries are evolving. Read More
The regulator found that PwC failed to obtain “sufficient appropriate audit evidence” to verify Dynasty’s reported revenues for fiscal years 2010 and 2011, yet still issued an unqualified audit opinion. Read More
China’s most traditional spirit is going abroad — but not quite the way it seems. New trade data shows millions worth of baijiu are being exported, then re-imported back home. Hong Kong is snapping up top-shelf bottles, South Korea is awash with cheap liquor, and the industry’s “globalization” push might just be one giant loop. Read More