Grace Vineyard is now making a sharp turn toward baijiu and beyond, in a sweeping overhaul that could redefine its identity following its ownership change. Read More
Baijiu
Shenzhen Eternal Asia Supply Chain Management Ltd., once hailed as China’s first publicly listed supply chain company, expects to report its first annual loss since listing. Read More
The chairman of Wuliangye, China’s second-largest baijiu producer, is under investigation for suspected serious violations of discipline and law, Chinese authorities said. Read More
Diageo denied speculation that it is preparing to sell its Chinese baijiu business after reporting weaker first-half results and cutting its dividend, as sharp declines in China continued to pressure drinks giant. Read More
A baijiu distributor in northern China says he was beaten and left hospitalised after confronting a state-owned liquor boss over an unpaid bill worth about US$110,000. Read More
VATS Liquor, China’s first A-share–listed liquor distributor, said it expects to post its first full-year loss as falling alcohol prices and inventory write-downs weigh on earnings. Read More
After rumors of layoffs and possible sale to a Chinese baijiu distiller, global spirits giant is reviewing a sale of Shui Jing Fang amid a global slowdown. Read More
Inside Xiaojiuwo’s playbook as 60% of sales shift online and scale becomes a survival test. Read More
Alcohol prices dropped 1.9% in 2025, official data show, as discounting becomes the norm, price wars intensify and distributors warn that “if you don’t cut prices, nothing moves.” Read More
Waimai Alcohol Delivery, Meituan’s on-demand alcohol arm, is on track to double its transaction value in 2025, highlighting both the momentum — and mounting strains — in China’s fiercely competitive instant retail race. Read More