When official figures show one of China's consumer categories posting double-digit growth, you'd expect the people selling that product to be feeling pretty good. Yet interviews with listed companies, traditional distributors, liquor retailers and regional industry associations tell a strikingly different story. Read More
National Bureau of Statistics
China's wine industry, grappling with the aftermath of the pandemic, faces a sharp decline in profitability, with domestic companies and imported wine markets experiencing significant downturns. But there are signs of resilence. Read More