China: Latest beverage news & analysis
Pernod Ricard's Asia head has said the unit is on track in China after a better-than-expected Chinese New Year saw Cognac volumes improve.
Five years ago this month, Diageo signed a deal to take a controlling stake in China's Sichuan Chengdu Quanxing Group, the company behind the baijiu brand Shuijingfang.
Gifting is still an “integral” part of wider Chinese culture, but the country's anti-extravagance campaign has been “incredibly disruptive”, Diageo's Asia head has told analysts.
The head of Moët Hennessy has predicted that Cognac shipments to China will bounce back in the second half of the year.
Remy Cointreau's CFO has said the company won't drop Cognac prices in China as it would damage “not only our image, but our DNA”.
Tingyi has posted a slide in full-year beverage sales, as the group felt the impact of the slowdown in its domestic market of China.
Starbucks is to develop new RTD products for China after signing an agreement with PepsiCo partner Tingyi.
Beer production in China has fallen for the first time in a decade, with the country's anti-corruption crackdown being blamed, according to local reports.
China's state-backed Beijing Yanjing Brewery is looking to sell a 20% stake to a foreign partner, according to a report.
Reforms to the rules covering foreign ownership of baijiu brands in China could see an influx of overseas investment in the category, according to a new report.
China is expected to regain top spot as the biggest consumer of red wine over the next five years after anti-extravagance measures saw France take over, new figures have shown.
Tingyi (Cayman Islands) Holding Corp has promoted James Wei to the role of group CEO.
SkyPeople Fruit Juice has reappointed its chairman Xue Yongke as CEO almost two years after he first stepped down.
Brown-Forman has signed a "co-operation agreement" with Chinese baijiu maker Wuliangye Yibin Co.
The Chinese edition of the ProWine exhibition saw an 8% lift in visitors this year, while exhibitor numbers grew by 10%, organisers have said.
Tennis player Novak Djokovic was on top of the world yesterday after defeating Andy Murray in four sets to take the Australian Open title.
A joint US and Chinese study released this week found that a tea made with broccoli sprouts helps the body to break down and expunge high levels of the chemical benzene.
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