Rumors of a possible alcohol ban within Chinese Communist Party and government organizations have sent liquor giant Kweichow Moutai's stocks briefly tumbling, wiping out millions of stock value, just when the liquor company has overtaken Tencent as the country's most valuable firm. Read More
Baijiu
China’s holidaymakers cut back on travels and tourism related spending during the Golden Week of October but spending on dining and alcoholic beverages are on the rise as Covid rules discourage mobility. Read More
Huawei founder gave his starkest warning on local and global economy, raising alarm for the country's business community, while leading Baijiu companies are eyeing whisky for the next growth opportunity. Read More
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
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