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
Moutai
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
Two restaurant employees in Shanghai have been sentenced to jail after repeatedly swapping customers’ genuine bottles of Moutai with counterfeits, exposing a new vulnerability in a practice many diners once considered the safest way to avoid fake liquor. Read More
China’s biggest listed liquor distributor, VATS Liquor, saw RMB 325 million (US$ 45 million) wiped off the value of its baijiu and wine inventories that pushed the company into the red. Read More
From baijiu to imported wine, once bulletproof brands are losing their shine. Data from the National Bureau of Statistics show alcohol prices have been falling for months, weighed down by weak consumer demand and distress sales. Read More
But unlike the 2012 “Eight-Point Regulation” that once gutted the sector, industry veterans say this round of restrictions is unlikely to leave lasting scars. Read More
The price of Feitian Moutai — long considered the “gold standard” of China’s alcohol market — is feeling the chills of China's cooling business environment, as its price drops to a four year low. Read More
In the first two weeks of 2025, two former chairmen of Wuliangye and Moutai, two giants in the Baijiu industry, have come under investigation, signaling intensified scrutiny of China’s most profitable spirits companies. Read More
How a RMB 200 1995 vintage Moutai helped customs officials crack a multi-million smuggling case in Nanjing, China. Read More
The new viral sensation that has got consumers in China jostling in long lines in the heat of the summer is a RMB 38 latte infused with the country's most famous liquor - Kweichow Moutai. Read More