Henan Kingstar Brewery rose to prominence after its tea-flavoured beer went viral on livestreaming platforms, driving rapid revenue and profit growth.
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China
Sam’s Club’s bestsellers reveal how price pressure, flavour preferences and a shrinking market are rewriting China’s wine playbook. 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
Chinese authorities say smugglers used “parallel traders” to funnel premium spirits and cigars from Macau into the mainland, evading more than RMB 3.16 million in taxes amid widening cross-border price gaps. Read More
As icewine remains a niche category across China and Asia, family-run Pillitteri Estates Winery is quietly building a loyal following — and a business — around Canada’s most exacting dessert wine. Read More
As many Chinese-owned Bordeaux wineries struggle or are sold off, Bel Eden has stayed the course. In a rare inside look, the group’s China head reflects on survival, missteps, and why he still believes China’s wine market has a “silver age” ahead.
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We asked five of the country’s top importers to sum up 2025 in their own words. From “bifurcation” and “rectification” to “return” and endurance, their answers reveal how the market is shrinking, reshaping—and forcing hard choices about who adapts and who exits. Read More
Instant liquor retail market went through another consolidation as another major player has changed hands: Henan Liquor Easy Trading Corporation Limited (酒便利), has sold about 51% of its equity through a court-supervised auction. Read More
Treasury Wine Estates said it is now “unlikely” to see a near-term improvement in sales in the United States and China - its two largest markets - and will cut hundreds of thousands of cases of shipments as inventories build up and pricing pressure intensifies. Read More
The Penfolds owner freezes its shares ahead of a crucial market update, following a A$687 million U.S. impairment and weakening demand in China.
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