China based Swellfun, the subsidiary of Diageo, has terminated its CNY2.3bn ($370m) Chinese liquor brand industrial park project owing to the recent anti-graft campaign in the country. As cited in Guangzhou's Time Weekly, the project was ...
Tags: Swellfun, misguided policies
Chinese liquor giant Wuliangye Yibin Co., Ltd. reported net profits of 5.79 billion yuan (946 million U.S. dollars) in the first half of 2013, up 14.76 percent year on year. However, the growth rate was much slower than the company's ...
Tags: liquor giant, Wuliangye
Chill winds are sweeping the Chinese liquor (baijiu) industry, and competition in the low and middle ranks of the market will persist as the government continues a crackdown on luxury official banquets, analysts said. "We believe the ...
Tags: Distiller, Chinese Liquor
Classification Liquor Chinese liquor, which is one of the six world-famous varieties of spirits (the other five being brandy, whisky, rum, vodka, and gin), has a more complicated production method and can be made from various staples - ...
Tags: Chinese Alcohol, wine
China, with its incredible economic significance, has become a key player in the global economy. Amidst the current global economic stagnation, it's attracting millions of professionals in pursuit of realizing their "Chinese Dream". Unlike ...
Tags: Service, Focus Vision