Wine sales in China's affluent Guangdong province now account for just 5% of baijiu sales, according to official data. We spoke with local merchants to find out the key reasons behind this decline. Read More
Guangdong
Shanghai, Beijing of course are on the list but there's one province that showed significant growth that defied the overall slump. Here are China's top 10 wine importing provinces and cities in 2023. Read More
Hong Kong is losing its allure as a shopping paradise to deep-pocketed mainland tourists living in Greater Bay Area. Read More
Hong Kong authorities are meeting with Guangdong counterparts to combat the resurgence of cross-border parallel trading after the full reopening between Hong Kong and mainland borders, according to Hong Kong customs. Read More
China’s regional court has convicted four men of counterfeiting Penfolds’ trademark, after uncovering more than 1,140 bottles of fake Penfolds and 500kg of unbottled bulk wines during a police operation last January. Read More
The second edition of Wine to Asia has been postponed to August, the organizer has announced citing the recent Covid-19 flare-ups in Guangdong as the main reason for the rescheduling. Read More
Guangdong's premium alcohol consumption bucked a prevailing downward trend and managed to report a double-digit growth last year despite the pandemic and consumers' cautious spending. Read More
Dashui Wine, the leading wine and spirits company in South China, has announced in a letter that it's closing its business for good, due to the pandemic. Read More