In Zengcheng, a small town known for lychees and denim, one entrepreneur’s 16-year journey with wine reveals a story of grit, reinvention, and quiet resilience.
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Market analysis
South Korea’s wine imports continued to decline in 2024, with data showing a 9.63% drop in value during the first 11 months of the year. Read More
The top selling wine on Douyin, China’s TikTok, is a wine that you probably never heard about, and there’s a reason why. Read More
EU wine exports to most Asian markets suffered setbacks in 2024 with the exception of one market that bucked the downward trend.
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The probe, originally scheduled to conclude within a year, will now run until April 5, 2025. Read More
Five years after entering the whiskey business, Grace Vineyard has decided to exit the sector due to financial strain and challenging market conditions. Read More
During this period, imports of Australian wine to China increased significantly, while imports from other major wine-producing countries continued to decline. Read More
Despite the challenges, Peter Schmitz, the Global Director of ProWien, remains optimistic about China’s wine market. Read More
In China, 84.64% of wine-related companies report annual sales below US$ 0.69 million. Read More