Tag Archive: China
News Briefs for August 24, 2011
•Guinness Black Lager will be making its debut across the U.S. market in September. Continue reading →
Posted in News on August 24, 2011Wine Spectator: Did China Really Save Bordeaux?
Throughout this summer’s sales campaign for 2010 Bordeaux futures, as châteaux released their wines at record prices and a number of loyal customers in America decided to pass, most analysts believed China would make up the difference. Continue reading →
Posted in News on August 10, 2011China’s Enormous Potential Aggressively Pursued By Global Wine Exporters
Long considered the promised land for wine exporters, China’s wine market is now expanding beyond metropolises like Beijing and Shanghai and into the country’s second- and third-tier cities. Continue reading →
Posted in News on July 28, 2011Visitors From China More Than Double At Vinexpo, To Lead All Foreign Attendees
Some 48,000 members of the wine and spirits industry gathered last week for Vinexpo, the wine world’s biannual trade fair in Bordeaux. Continue reading →
Posted in News on June 28, 2011Diageo Gets Approval For Chinese Baijiu Play
After a wait of several months, Diageo has gained Chinese regulatory approval to pay RMB140 million ($22m) to up its stake in Sichuan Chengdu Quanxing Group by 4%, bringing its holding in the group to 53%. Continue reading →
Posted in News on June 27, 2011Robert Beynat of Vinexpo: Global Wine Industry Gearing Up For Growth
When it opens its doors in Bordeaux this June 19th through the 23rd, the Vinexpo international wine and spirits exhibition will be celebrating its 30th anniversary. When the show last convened in 2009, the consensus among attendees was that the global economic sluggishness would be short-lived. The past two years proved otherwise, says Vinexpo ceo Robert Beynat, but he cites optimism that the market is poised to resume widespread growth. Shanken News Daily recently spoke with the Vinexpo head about the upcoming show and about his view of the wine world in general. Continue reading →
Posted in News on June 1, 2011