国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

Wine market shrugs off slump as consumers raise their glasses

By WU YIYAO (China Daily) Updated: 2016-05-16 08:19

Wine market shrugs off slump as consumers raise their glasses

A saleswoman promotes a bottled French wine to a customer at mall in Yiwu, Zhejiang province.ZHANG CHENGJIAN/CHINA DAILY

When Rob Bevis launched Roque Fine Wine, an importer and wholesaler of fine wine, in China three years ago, he was told the country's wine market was nearing a tipping point.

The government crackdown on corruption had led to curbs on officials' extravagant, taxpayer-funded banquets. The clean-up heralded long-term benefits for the society, but had an immediate adverse impact on wine consumption in the country.

"At that time, my clients such as restaurants were primarily concerned about somehow maintaining the same level of profit margin. Diners who used to spend 2,000 yuan on a bottle of wine, were spending only 600 yuan," said Bevis.

So, sales of high-end and expensive imported wines, which were common at lavish banquets, fell in terms of both volume and revenue. Traders lost a lot of corporate and government clients. This pushed wine traders to shift their focus to individual consumers.

Previous Page 1 2 3 4 5 Next Page

Hot Topics

Editor's Picks
...
壤塘县| 南汇区| 华池县| 阳信县| 平遥县| 本溪| 宣恩县| 杭锦旗| 易门县| 东阳市| 泸西县| 徐汇区| 雅江县| 清苑县| 孝昌县| 民乐县| 辉南县| 商丘市| 永靖县| 偏关县| 蓬安县| 尼勒克县| 阳朔县| 丰原市| 江山市| 应城市| 子长县| 屯留县| 绥化市| 金川县| 敦煌市| 海淀区| 永新县| 黄石市| 天峨县| 喜德县| 大荔县| 武山县| 教育| 兴隆县| 闻喜县|