The Liv-ex Fine Wine 100 index, a key measure of fine wine trading on the London-based Liv-ex exchange, dropped 3.4% in the first half of 2024, highlighting a broader slowdown in the high-end wine market that mirrors similar trends in China. Read More
Morris Cai
Morris Cai has carved out a niche for himself as a leading journalist and editor, specializing in the wine and spirits sector. His career, now spanning over a dozen years, has seen him dedicate a significant portion of it—ten years—to honing his expertise in this field. Cai’s career in journalism started in 2012 when worked as a reporter and web editor at Entrepreneur Daily, a national newspaper. His ambition and dedication to his craft saw him taking a step further into the food and beverage sector in 2014, when he joined the editorial team of China’s leading food publication New Food magazine, contributing significantly to the Food and Drinks News section as both a reporter and an editor. In 2016, he joined WBO Wine Business Observation, a leading Chinese wine trade media as its lead writer and web editor. In this capacity, Cai independently spearheaded the selection of topics and produced an impressive array of around 200 articles each year, focusing on the nuanced reporting of wine and spirits. His work gave rise to numerous in-depth and widely read articles that have significantly influenced the industry’s discourse. Cai is fluent in English communications, interviews, and skilled at bi-lingual translations, which has supported his long-term involvement in sourcing and translating topics for English websites. His in-depth knowledge of trends and insights within the wine and spirits industries marks him as a respected authority in his field.
Kevin Lu, a Taiwanese sommelier, has earned the prestigious Master Sommelier (MS) diploma from the Court of Master Sommeliers, making him the first from Taiwan and only the second Chinese individual to achieve this distinction. Read More
The downturn in Asia, driven by slumping sales in China and South Korea, contrasts with the company’s overall global growth. Read More
Penfolds has introduced its 2024 collection of latest vintage releases in both Beijing and Hong Kong, including a premium release named Bin 180, priced at RMB 7,288 per bottle, surpassing its iconic Grange. Read More
The latest twist in fake Penfolds saga was unexpected: a wine company not only established a “Penfold Family Wine Club” in China but also enlisted a man claiming to be the “seventh-generation heir of the Penfolds family” to endorse their activities. Read More
The Vietnamese government has proposed a significant increase in alcohol taxes, with plans to double the excise tax on wine by 2030, according to a draft regulation. Read More
Chinese customs officials have seized 670 bottles of top Bordeaux, including Lafite, Latour, and Margaux, in a smuggling case valued at more than RMB 3 million (about $410,000). Read More
Louis Roederer has launched the second series of its "Solar Panel" art project, featuring close-up photographs of Chardonnay vine leaves. Read More
As the Paris Olympics are in full swing, French wine sales are skyrocketing in China. Read More
The number of catering businesses that deregistered or closed reached an alarming number of 1.056 million in first half of the year, nearly equaling the total for the entire year of 2023. Read More
