British alcohol giant plans $75 million investment in Yunnan distillery for 2023 completion as competition heats up for Moutai

Kweichow Moutai rival plans linkups with big global beverage companies like Diageo in sales push outside China

Producer of Johnnie Walker whisky considers upping 39% stake in China’s Swellfun

Leading Chinese internet, liquor brands steal spots from world titans Wells Fargo and Diageo, representing new breed of companies with potential for huge growth, leadership