China's Ban on Extravagance Hurts Wine Sales

China's Ban on Extravagance Hurts Wine Sales Play

July 4 (Bloomberg) -- Chinese President Xi Jinping's crackdown on extravagance has slowed wine sales in China but it hasn't damped the enthusiasm the world's wine growing regions have about the vast - mostly uncorked - Mainland market. Bloomberg's Stephen Engle reports from Beijing. (Source: Bloomberg)

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