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
Market analysis
It started with a promise of easy money and fine wine—an irresistible combination for Jia Shuang. Like thousands of others, he was drawn into the allure of quick profits through an online platform that claimed to turn wine trading into a lucrative venture. Read More
The real challenge lies not in consumer demand but in navigating the labyrinthine certification process that keeps many Western wines from being marketed as organic in the country. 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
Here are China's top wine importers by region based on customs data in the first half of the year. Read More
Hong Kong’s wine market continues to buckle under sluggish retail, weak tourism and exodus of locals wining and dining across the border, as shown by the city’s wine imports data. However, a leading wine importer in the city expects a turnaround by end of the year. Read More
American wines are quietly expanding their market in China despite heavy tariffs, thanks to a little-known tax reprieve that allows importers and wineries to slash punitive tariffs by nearly half. Read More
Australia's surge is a welcome news but one of the top 50 wine importers in China told us 2024 is the worst year he has ever encountered in his professional life. Our full analysis on H1 wine import data. Read More
A significant surge in tourists entering China during the first half of the year, fueled by a new visa-free policy, is expected to drive an upswing in wine sales. Read More