In a rare public disclosure, the GM of the liquor supply chain company under state-owned conglomerate C&D Inc. shared its 2024 sales revenue. Read More
Xiamen
Set for Sept. 29 this year, the Mid Autumn Festival typically drives significant wine demand through gifts and banquets. However, importers across China’s major wine-consuming regions who talked to us are reporting a more subdued market, even though some categories are defying the broader downturn. Read More
In a win for popular Australian wine brand Penfolds, the Xiamen Intermediate People’s Court in Fujian Province has ordered two trading companies to pay RMB 1 million (US$145,000) for infringing the trademark of Penfolds. Read More
The anti-graft watchdog in Xiamen is investigating the former deputy head of the state-owned conglomerate, C&D Group. Its wine division was once China's largest wine importer, wielding such significant influence that Bordeaux broke with tradition to accommodate the conglomerate.
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