China’s domestic producers sit on unsold vintages

China’s domestic producers sit on unsold vintages

China’s decline in wine sales since the government crackdown on corruption has primarily affected domestic producers, not importers. Although the headlines have focused on falling demand of grand cru classé claret, particularly Château Lafite, since president Xi Jingping introduced his “austerity measures” in 2013, it is domestic wine producers that have been hit hardest by the new political climate, according to Beijing-based Fongyee Walker.

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