Chinese Investment Bank Promotes Traditional Huangjiu (Yellow Wine)

Forget beer and wine made from grapes. In China’s alcoholic drinks market, it’s all about another, equally old boozy beverage. Yellow rice wine, sometimes known as liquid cake, dates back to the Shang Dynasty (c.16th century-11th century BC) more than 3,000 years ago. It is the fastest growing mass-market alcoholic drink in China, with sales

Ningxia Hui Region Expects to Produce 200 Million Bottles of Wine Annually By 2020

The wine industry in northwest China’s Ningxia Hui Autonomous Region will see major development in the next few years. According to the administrative committee that manages the region’s biggest vineyards, Ningxia will grow 700,000 mu (46,667 hectares) of grapes by 2020, with 600,000 mu [~40,000 ha] intended for wine making…Full Article: Xinhua Dec 2016 Key

JD.com to Sell Château Lafite Rothschild Wines

The Chateau Lafite Rothschild of France recently announced it would establish a partnership with China’s e-commerce company JD.com to sell its wines. Under the arrangement, JD Mall will become the exclusive online distributor of Legend Medoc wines of the Chateau Lafite Rothschild…Full Article: China Daily Oct 2016 Key Points According to the President of the

Alibaba Founder Purchases Two Vineyards in Bordeaux Wine Region

Chinese billionaire Jack Ma has purchased two vineyards in the famed Bordeaux winegrowing region in France – the Chateau Guerry and the Chateau Perenne – for nearly 12 million euros ($13.56 million), the Agence France-Presse reports. The news agency says the 64-hectare Chateau Perenne produces about 500,000 bottles of red and white wine annually, while