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SYDNEY, Aug. 1 (Xinhua) -- Despite a downgrade from Goldman Sachs credit rating agency to "sell," Treasury Wine Estate (TWE) said on Monday their "highly efficient route-to-market" investment in China will keep the company on track for their earnings guidance and expand the winemaker's leading position.


"We are continuing to execute on our strategy to be the imported wine category leader in China by both volume and value Authentic Ryan Kalil Jersey ," TWE chief executive officer Michael Clarke said in a statement obtained by Xinhua.


The firm has risen from the ninth largest importer of wine to China, to number one in just three years; however, some fear a slow down in the Asian market and Goldman Sachs explained recently that expectations of growth in the Chinese market were unrealistic.


But TME believes new warehouse facilities in Shanghai at the end of 2017, along with the unveiling of its own premium French brand, Maison de Grand Esprit Authentic Luke Kuechly Jersey , will improve opportunities for retailers to stock a broader range of TWE brands and allow them to become more "nimble in responding to market needs."


"We are doing this by investing in closer, more efficient and strategic partnerships with existing and new customers and by positioning TWE as the wine supplier of choice across multiple brand portfolios and countries-of-origin," Clarke said.


TWE's largest brands include Penfolds, Wolf Blass, Beringer and Beaulieu Vineyard.


The company will now remain in a media blackout Authentic Cam Newton Jersey , ahead of the firm's annual results announcement on Aug. 17.


New romance film “Till the End of the World”, which is China’s first to be shot in the Antarctic, held a premiere for around 1,000 people at the Shanghai Film Art Center on Monday.


Director Wu Youyin and Taiwan actor Mark Chao, who plays an entrepreneur in the movie Authentic Christian McCaffrey Jersey , interacted with local audiences after the screening.


Wu, formerly a member of China’s 27th and 28th Antarctic expeditions, said that it has long been his dream to shoot a tragicomedy set in extreme conditions.


The cast and crew overcame lots of difficulties to make the movie, he added.


Though actor Chao suffered snow blindness during shooting, he told movie buffs that it was a rewarding and memorable experience.


“Till the End of the World” will hit cinemas across China on February 2.

(From L to R)British Foreign Secretary Boris Johnson Curtis Samuel Jersey , British Environment Secretary Michael Gove, WWF-UK Chief Executive Tanya Steele and Zhu Qin, Minister-Counsellor at the Chinese Embassy in the UK, pose for a photo during a press briefing on China's full implementation of the ban on ivory trade, in London Marquis Haynes Jersey , Britain, on Jan. 31, 2018. British Foreign Secretary Boris Johnson has praised China's total ban on ivory trade as an important and far-reaching decision. (XinhuaHan Yan)

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