FT.com: “When it comes to selling things that take years to mature – like premium cognacs or Scotch whiskies – it pays to 
take the long view. Diageo is taking a very long view on the future of baijiu, otherwise known as Chinese firewater. 
As a purveyor of Scottish firewater – also known as Johnnie Walker – Paul Walsh, Diageo’s CEO, says he can foresee a day when Chinese white spirit will have as broad a global footprint as Scotch whisky.
To prepare for that day, Diageo said on Tuesday it would shortly launch a mandatory tender offer to spend as much as $1bn buying all remaining shares of Sichuan Shuijingfang, the baijiu company it took control of last year.”
Chery Automobile (Photo credit: Wikipedia)
BBC News: “Jaguar Land Rover JLR and Chery Automobile have agreed a joint venture that should pave the way for production of 
Jaguar and Land Rover cars in China.”
via BBC News – Jaguar Land Rover agrees joint venture with Chery in China.
CHINDIA ALERT: You'll be living in their world, very soon 
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