SAB Miller is the latest drinks company to report a slump in China, as the downturn starts affecting beer rather than just spirits.
A man who has frequently appeared on the Beijing metro wearing a watermelon on his head and carrying bottles of beer has been apprehended by police.
Australian wine exports to Asia rose 8% by volume in 2014 and despite the slowdown in China, bottled exports are recovering to pre-austerity levels.
Global Cognac exports saw another dip in 2014 as the category came up against “a conflicting and unstable economic backdrop”.
Bottled wine imports into China declined last year, marking the first negative growth in the modern history of vinous shipments into the country.
Two of Bordeaux’s leading players speak to the drinks business about the volatile Chinese market and the current mood among négociants.
Never say ‘no’, discuss politics, make jokes or show the soles of your shoe when doing business in China, according to speakers at a conference in HK.
Brand owners should look to China’s biggest urban clusters for potential customers, according to the president of the Cheil China Group.
Yet another Bordeaux wine estate has passed into Chinese ownership following the purchase of Château Renon by entrepreneur James Zhou.
A rising demand for tiger bone wine and tiger skins in China is threatening to drive the animal towards extinction in the wild.
© 2015 Union Press Ltd | Unit 122, 30 Great Guildford Street, London SE1 0HS, UK | Registered in England and Wales No. 03606414 | Tel: +44 (0)20 7803 2420