Changyu Warns of ‘Stagnant’ Market, No Recovery in Sight as Profits Plunge 40% 2 min read China Market analysis Wine Wineries China Market analysis Wine Wineries Changyu Warns of ‘Stagnant’ Market, No Recovery in Sight as Profits Plunge 40% Morris Cai 2024-09-02 Changyu Pioneer Wine Company, China’s largest wine producer, reported a nearly 40% decline in net profit for the first half of 2024, reflecting the ongoing challenges in the country’s wine market. Read More
