It’s alright, always good to diversify away from China for improved resilience in the businesses. Similar to have vineyards all over the place... meanwhile the demand in China will always be there, drinking culture doesn’t just disappear overnight and the rarity now probably just adds to its future brand value. An example would be that Moutai company which was hit hard during the crackdown on corruption/luxury goods.
Penfolds releases California wine collection, page-13
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