Morris Cai

Wine

China’s wine business is in the midst of a slow, grinding reshuffle. Profits are falling, cash is tight, and many companies are cutting back. Yet, in a market that has weathered years of turbulence, there are still players willing to take chances on what comes next. 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