By Aliza Kempner

Thanks to new urban affluence and a penchant for the color red, China has become the biggest market worldwide for red wine. Over 1.8 billion bottles sold in China in 2013, with economists attributing the surge to the color’s affiliation with the Communist government and good luck, in contrast with the color white, commonly associated with death in Chinese culture. Since the mid-2000s, sales have steadily climbed and today’s sales figures demonstrate a 175 percent increase from those in 2005. 

The Guardian sheds light on this trend in the world of vin rouge as well as the interactions between state restrictions on corporate excesses and wine-makers looking for new customers.

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February 06, 2014

By Aliza Kempner

Attention Coca-Cola fans, the beloved recipe might be changing for those of you in Mexico. While the top-selling soda giant switched out cane sugar in its recipes for corn syrup in the United States in the '80s, the Mexican version of the recipe has stuck with cane sugar. 

Arca, Coke’s Mexican bottler, has concerns about the elasticity of demand for its original beverage in light of new soda taxes and may shift to lower cost ingredients. Read on to see what Forbes has to say about the circumstances surrounding this potential change.

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November 16, 2013