Hong Kong has emerged as the fastest growing wine hub while China's seemingly unquenchable thirst for wine has ousted the United States as Bordeaux's number one client outside Europe. "Bordeaux holds a special place in China," said Don St. Pierre Jr., chief executive at ASC Greater China, the largest importer of premium wine in China, in an email ...

Speculation that China will take more steps to cool its economy hit sentiment in Asia Monday, with Shanghai and Hong Kong lower as risk-averse investors stayed on the sidelines. Trade was relatively quiet ahead of meetings this week by eurozone finance ministers and the US and Japanese central banks. Investors were also awaiting a raft of data due from the ...

Chinese automaker BYD Co. said Monday it had massive expansion plans this year and would consider building a plant in the United States, a day after announcing annual profits had tripled. The company, which has the backing of American billionaire Warren Buffett, said it will put aside 10 billion yuan (1.5 billion US dollars) this year to grow its ...