China’s global ‘colonization’ of vineyards
China’s thirst for wine has led to a global vineyard purchasing spree. Here, we have mapped out well-heeled Chinese buyers’ global acquisitions.
Tag: Changyu Pioneer Wine Company
Is China turning its back on imported wines?
A campaign that urges Chinese to drink Chinese wine is under way. With imported wines plunging and growing nationalist sentiment, is China turning its back on imported wines?
China’s biggest winery calls for removal of consumer tax on wine
China’s biggest and oldest winery, Changyu Pioneer Wine Company, is calling for the removal of consumer tax on wines to boost the country’s domestic wine consumption.
Sluggish wine demand squeezes profits for leading Chinese wineries
Financial reports of major and listed Chinese wineries have shown that almost all suffered profit loss in 2018.