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Chinese Austerity Measures Hit Wine and Spirits Sales | Wine-Searcher

Chinese Austerity Measures Hit Wine and Spirits Sales | Wine-Searcher | Grande Passione | Scoop.it
Chinese Austerity Measures Hit Wine and Spirits Sales,Jeannie Cho Lee MW reports that a falling market in Hong Kong and China has resulted in cut-throat tactics.
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China austerity affecting corporate alcohol spending, says study | decanter.com

China austerity affecting corporate alcohol spending, says study | decanter.com | Grande Passione | Scoop.it
Chinese companies are cutting their spending on alcohol in response to a govenment initiative, but fine wine has not yet been seriously affected, says a new study.
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