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China’s ‘national liquor’ baijiu loses appeal as company dinners decline, young consumers shun it

Baijiu, a liquor that many Chinese take great pride in, has recently been selling at an unprecedentedly weak pace, pushing the industry itself into crisis. If the situation does not improve, the baijiu industry could eventually become a major burden on the Chinese economy. Recent reports by The Beijing News and other media outlets show that Chinese baijiu p..

Xi Jinping expected to visit India for first time in 7 years
Chinese President Xi Jinping is expected to visit India for the first time in seven years to attend the BRICS summit held in New Delhi next month. The bila..

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