Tougher times for China wine

By: FE Online | Updated: Thu June 23 2016, 4:58 pm

After years of slumping sales, China's found its palate for wine again, but drinkers are reaching for cheaper bottles in light of President XI Jinping's campaign against luxury spending. As Ryan Brooks reports, online sales and frugal customers are taking a bite out of the big importers that thrived during the boom years.