Hennessy

New Business

China’s liquor capital faces long march to rebirth as baijiu’s ‘liquid gold’ glory wanes

As China’s traditional spirits and premium wines grapple with declining consumption, a significant shift is under way across the beverage…

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New Business

China still ‘beating heart of global luxury’ as French giant LVMH signals faith in market

French luxury giant LVMH has expressed full confidence in the Chinese market despite sluggish consumption in the world’s second-largest economy,…

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New Business

Why France is toasting China’s new tariff on European brandy

China’s new anti-dumping duty targeting European brandy unexpectedly became the toast of France over the weekend, after Beijing granted exemptions…

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New Business

China offers tax refund to French cognac makers amid EU brandy anti-dumping probe: source

Beijing has extended an olive branch to French cognac producers by promising a “significant” tax refund if they cooperate with…

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