China’s alcoholic drinks production sector decreased by 8.6% to 249.7 billion yuan ($35.2 billion) in the first four months of 2020, according to new government figures.

Diageo, has launched Chinese white spirit brand, Shui Jing Fang, onto the UK domestic market.

Diageo has announced the completion of the mandatory tender offer for the outstanding shares in Chinese white spirits company, Sichuan Shuijingfang

The Chinese wine market of the future will feature more white and sweet red wines, according to a report by Wine Intelligence.

China: Diageo has been given the go-ahead to make an offer for the remaining shares of ShuiJingFang. The maximum offer stands at GBP630m.

Gifting remains the driving force behind wine sales growth in China, according to research by Wine Intelligence.

French wine is the ideal

18 January, 2012

French wine is the favourite of regular wine drinkers in the UK and China and the second preference in Germany, says Wine Intelligence.

The world’s single largest travel retailer, Dubai Duty Free, has said a rise in the number of Chinese passengers is one of the main factors behind a strong 17% increase in liquor sales over the first nine months of 2011.

Chinese regulators have approved Diageo’s acquisition of an additional 4% stake in Sichuan Chengdu Quanxing Group (Quanxing) from Chengdu Yingsheng Investment Holding Co (Yingsheng).

Wine producers looking to export to China for the first time need to get to grips with demands for high-quality packaging and culturally-sensitive labels, according to Wine Intelligence.

Wine producer François Lurton has said he expects China to become the largest wine producing country in the world.

China - an important market for scotch whisky – has announced that it will recognise and protect ‘scotch whisky’ as a Geographical Indication (GI).

Comment

Nick Strangeway

NOTHING'S NORMAL

Happy customers across the UK enjoyed their first pints and non-homemade cocktails at the start of July as its hospitality sector reopened after months of lockdown. But normal service has hardly resumed.

Events

Facebook

Twitter