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Wine Advocate unveils China’s top 10 wines
Robert Parker’s Wine Advocate has released the first edition of top 10 fine wines in China and awarded for the first time a high score of 95 to a Chinese wine.
Japan’s Suntory and Kirin suspend wine sales due to shipping delays
Two of Japan’s largest beverage groups, Suntory Holdings and Kirin Holdings Co., have suspended part of the wine sales due to production and shipment delays amid COVID-19 pandemic.
ProWein postponed to May
Europe’s biggest wine trade affair ProWein Düsseldorf has officially been postponed from March to May this year, due to the rapid spread of the Omicron variant affecting global travels.
Vinexposium cancels Vinexpo Hong Kong 2022 to focus on China
Vinexposium has announced the cancellation of Vinepxo Hong Kong in May this year to better focus on Vinexpo China, which will for the first time take place in southern China’s metropolis Shenzhen instead of Shanghai from October 31 to November 2.
South Korea’s wine imports soared 76% in 2021
South Korea’s wine imports soared over 70% in 2021 to reach a record high, making it the fastest growing Asian market for wine, as more wine drinkers turn to home consumption during the pandemic.
EMW Fine Wines takes on ‘China’s Penfolds’
East Meets West Fine Wines (EMW) has become the exclusive on-trade distributor of Ningxia’s Xige Estate, which is likened to “China’s Penfolds”, expanding the wine merchant’s Chinese wine portfolio that already includes Tiansai and Legacy Peak.
8 key trends shaping beverage industry in 2022
IWSR Drinks Market Analysis has underlined eight key trends shaping the global alcoholic industry in 2022.
Top wine fairs in China & Hong Kong in 2022
Here are the key wine and spirits fairs planned for mainland China and Hong Kong for 2022, where organizers are hoping to reboot and bring top-notch experience to wine trade and consumers.
Has Chinese wine market hit rock bottom?
China’s imported wines are going on a downward spiral in 2021 and market outlook for 2022 is not looking brighter.
China’s tech giant Tencent fined again for failing to report wine deals
Tencent has been penalised for the second time for violating antitrust laws related to a wine deal.
