Chinese develop their taste for scotch whisky
China DailyTourists attend a whisky tasting event in Scotland. Consumption evolving Oksana Pevtsova, regional president for eastern Europe and Asia at Bacardi, one of the world's largest privately-held spirits companies, said the Chinese market is extremely dynamic and consumption trends in the country continue to evolve. According to the Scotch Whisky Association, desire among Chinese consumers saw the value of single malt whisky exports to the country rise from 3.4 million pounds in 2010 to more than 66 million pounds in 2020. Francois Saurel, Macallan's regional managing director for Asia Pacific, said, "Overall business performance in China has grown rapidly in recent years, with consumer demand across the market increasing fast." With support from the Scotch Whisky Association and several major whisky companies in Scotland, Shaikh said, "China is currently drafting new standards for recognizing the uniqueness of Scottish whisky … ensuring that its recognized quality is not diluted, and that products coming out of China can match the excellence of the products entering the country from Scotland and the rest of the UK."