Posts tagged ‘Maotai’

24/05/2014

‘Four Dishes, One Soup’ Not Enough For Sino-Russian Gas Deal Celebration – China Real Time Report – WSJ

Say you’re the leader of the world’s No. 2 economy. You just signed a massive energy deal with your Russian counterpart that has major political and economic implications – and that, under international protocol, calls for a big-time state wingding. At the same time, you’re pushing a government austerity platform to convince your people that their leaders aren’t corrupt fat cats living large off the people.

What to do?

That’s the dilemma Chinese President Xi Jinping faced this week after he reached a 30-year, potentially $400 billion gas supply deal with Vladimir Putin. His answer, it seems, was to split the difference. The state dinner that followed the high-profile deal-signing had enough fancy dishes, tipple and desserts to fail the sort of austerity test Mr. Xi might apply to, say, a banquet thrown by county-level officials in a tier-three burg.

Still, experts said, the wines steered more to the local than to the Bordeaux, and the whole affair fell short of what you might get at a fancy wedding.

After 10 years of difficult negotiation, China and Russia signed a landmark natural-gas contract on Wednesday. The night before, Chinese President Xi Jinping and his wife Peng Liyuan hosted a dinner in Shanghai welcoming more than 300 guests from 46 countries, including Russian President Vladimir Putin.

What dishes were served during the 90-minute dinner?

The dinner was definitely more elaborate than the “four dishes and one soup” set promoted by Xi Jinping as a form of domestic cost-cutting. There were four plates of desserts alone—implying that the anti-corruption rules don’t always apply when it comes to state events, as China doesn’t want to lose face on diplomatic occasions. The six appetizers included mashed green beans, spicy cabbage, sliced whitebait, a pea dish and bamboo shoots with green onions. The five dishes and one soup served included shrimp balls, fried and braised beef, macadamia nuts with greens, flatfish with bean curd sauce, luffa with green beans and mushroom with fish maw. Other dishes included moulded pudding, vegetable dumplings and plates of fruit.

This dinner was intended to be a creative combination of Chinese and western-style cooking, one that highlighted fresh ingredients from southern regions of the Yangtze River. The executive chef behind it, Su Dexing, was also the chief cook for the state banquet during the APEC meeting in 2001, according to Shanghai International Convention Center staff.

As at many state events, China’s ubiquitous luxury liquor Maotai was also served, along with a dry red and dry white wine produced by Cofco Wines & Spirits. According to prices advertised on e-commerce websites, such red and white wine would likely cost between 400-600 yuan ($64-96) per bottle and 300 yuan per bottle, respectively.

Although abundant, the dinner was still simple compared to other options available in Shanghai, where wedding banquets can easily cost a minimum of 500 yuan per person, excluding liquor. In 5-star hotels, such meals might cost more than double that amount.

via ‘Four Dishes, One Soup’ Not Enough For Sino-Russian Gas Deal Celebration – China Real Time Report – WSJ.

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01/05/2012

* High-end Chinese brands coming soon

Luxury-brands

China Daily: “As foreign luxury brands compete to carve out portions of China’s fast-growing market, experts are predicting that Chinese companies will soon develop luxury brands of their own.

It is time for domestic enterprises to establish luxury brands, since China has already become the dominant driver of growth in the luxury sector, said Zhou Ting, executive director of the research center for luxury goods and services at the University of International Business and Economics. The sales volume of Chinas luxury market was 11.5 billion euros $15 billion in 2011, a year-on-year growth of 25 percent, according to PricewaterhouseCoopers International Ltd.

Potential domestic luxury brands could come from some traditional Chinese industries, including liquor, tea, porcelain and silk, said Yang Qingshan, a guest researcher of luxury goods and services at UIBE. The research center listed 10 domestic brands with the potential to become luxury brands in its luxury report in November. Three liquor brands – Moutai, Wuliangye and Langjiu – are among the 10 brands. Zhuyeqing tea and some clothing brands, such as NE-Tiger and Shanghai Tang, are also on the list.”Many traditional Chinese products already have a feature of luxury because of their heritage,” Yang said.”

via High-end Chinese brands coming soon|Economy|chinadaily.com.cn.

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