From a bar maven billionaire at only age 48 to China's ‘Godfather of Baijiu’ to a few self starters who had humble beginnings as carpenter and security guards. Here are the 10 wealthiest Chinese billionaires in today’s drinks industry. Read More
Baijiu
China's most famous national liquor will soon get its time in the world of Crypto, as the team behind Italian Wine Crypto Bank are poised to launch what it calls world's "first-ever Baijiu bank" in September. Read More
Château Loudenne, the Cru Bourgeois estate in Haut Médoc owned by China’s liquor giant Kweichow Moutai, has now been sold to a French wine group after it was dogged by lawsuits and bankruptcy. Read More
From hoarding luxury handbags and watches to receiving a bizarre gift of 5kg pure gold drinking vessel, China’s anti-graft watchdog has revealed details of shocking corruption committed by the former head of the world’s most valuable liquor brand. Read More
A raid by Shanghai Police has uncovered over 50,000 bottles of fake wines including Penfolds and Bordeaux as well as known spirits and Baijiu brands worth over US$31.1 million. Read More
A rare collection of Moutai and the oldest Karuizawa released will go under the hammer at Sotheby's auction this month. Read More
Guangdong's premium alcohol consumption bucked a prevailing downward trend and managed to report a double-digit growth last year despite the pandemic and consumers' cautious spending. Read More
A few cities in China have introduced what is called "strictest booze ban" for civil servants, which bans them from drinking even after working hours. Read More
Frequent drinkers in China increased spending during the lockdown months in China, while occasional drinkers dialed back on alcohol consumption, a new report by consumer data giant Nielsen has found. Read More
China’s most known white spirit, Kweichow Moutai, has been guzzled down by some of the most fearful drinkers and fuddled American president Richard Nixon on … Read More