The Chandon grape-growing venture has liabilities exceeding its assets as Ningxia State Farm Group seeks a full exit.
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A construction giant is backing Xige’s push into Yunnan, Sichuan and Tibet. What makes Chinese vineyards worth betting on in a wine downturn? Read More
China's newest MW on the finance detour that nearly took him out of wine, why his research paper tackled trade fairs, and what wineries still get wrong at Chinese expos. Read More
Shipments to mainland China jumped 72% by volume, while gains across Asia helped offset weakness in New Zealand’s largest export market. Read More
Duties will fall from 150% to as low as 25% over a decade, though lower-priced wines will see no relief. Besides, hefty state taxes and regulations are still major hurdles.
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Two key subsidiaries of the drinks distributor owe RMB127 million in back taxes and late-payment charges. Their location highlights the role of regional tax incentives, but the company has not disclosed what triggered the bill.
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China’s wine merchants are seeing a paradox this Mid-Autumn Festival: customers are buying better wines without necessarily spending more. Falling prices are bringing prestigious labels within reach, but squeezing the margins of the businesses selling them. Read More
ASC Fine Wines has expanded its exclusive import and distribution agreement for Los Vascos to Greater China, extending a partnership with the Chilean wine estate’s owner, Domaines Barons de Rothschild Lafite, beyond Hong Kong to mainland China. Read More
Henry Tang, the former Hong Kong official who helped lay the foundations for the city’s duty-free wine trade, is putting more than 800 lots from his private collection up for auction at Christie’s next month. Read More
The Chianti Wine Consortium is using artificial intelligence and other digital tools to scan the global internet for counterfeit Chianti wine and improper use of the "Chianti" name. Read More