Hong Kong-listed Grace Vineyard has taken another step away from its roots as one of China's best-known boutique wineries, investing in a historic baijiu producer as its new controlling shareholder accelerates plans to build a broader alcohol business. Read More
China
Faced with nearly 80% import taxes, one of the world's best-selling boxed wine brands has abandoned U.S.-made wine in China, replacing it with Australian wine bottled locally.
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For years, Shanghai's natural wine bars embodied a new generation of drinkers. One of the movement's pioneers, William Zhu, reflects on what was lost, what survived, and why he still believes in wine. Read More
China has moved to regulate alcohol-free wine and beer alongside conventional alcoholic beverages, tightening controls on sales to minors in its first comprehensive update on the country’s drinks regulation in 21 years following the fast rise of e-commerce and instant retail. Read More
China's most influential wine and spirits market has elected its youngest-ever industry leader, signalling a generational transition as the country's alcohol sector grapples with slowing consumption and sweeping changes in consumer behaviour. Read More
The World Cup is usually a goldmine for drinks companies. Not this time. Chinese merchants say midnight kick-offs have killed the tournament's biggest sales opportunity. Read More
ASC Fine Wines has expanded its portfolio with producers ranging from Dominus Estate to Champagne Jacquesson and Ningxia's Devo, arguing each brand fills a specific role in China's evolving wine market. Read More
For years, China's biggest summer sale was won on one thing: price. This year, three of the country's leading e-commerce operators told us the top selling bottles are no longer the cheapest.
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Shenzhen, China's Silicon Valley, drinks significantly more wine than the national average and apparently has more expensive tastes too, according to a rare trove of official market data released by the Shenzhen Alcohol Industry Association that we have exclusively obtained. Read More