New Zealand white wines are muscling into China’s red-dominated business dining culture, riding a surge in demand that pushed imports up 136% by volume in July, even as shipments from France, Australia and Chile slumped. Read More
China
Amid the slump, wine sales provided a rare bright spot. VATS liquor store said wine revenue rose 10.96% to RMB 246.7 million (US$34.5 million) in the first half. Read More
As many as 70% of China’s liquor chains have joined the on-demand retail boom, betting on 20-minute delivery to revive sales. But behind the rapid expansion lie steep costs, price wars, and doubts over whether traditional shops can truly profit. Read More
Two months after Beijing moved to soften its alcohol ban, some merchants report a faint sales uptick in August. But for most, the question remains: has business truly bounced back—or are deeper troubles still dragging the market down?
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China’s most valuable liquor maker, Kweichow Moutai, has posted its slowest half-year profit growth since 2015, as rising marketing expenses and mounting receivables signal intensifying pressure on the country’s high-end alcohol market. Read More
Treasury Wine Estates has warned of a slowdown in stock depletion in China since June, as tighter alcohol restrictions and changing drinking habits dent sales momentum in its biggest Asian market. Read More
China’s wine business is in the midst of a slow, grinding reshuffle. Profits are falling, cash is tight, and many companies are cutting back. Yet, in a market that has weathered years of turbulence, there are still players willing to take chances on what comes next. Read More
The tech giant’s dedicated alcohol platform, Waima Alcohol Delivery (歪马送酒), has rolled out a “full-process authenticity guarantee” — promising that every bottle will be traceable and verified genuine. Read More
Chinese police have busted more than 540 criminal cases involving counterfeit “special supply liquor,” seizing 260,000 bottles worth 3.7 billion yuan (US$515 million), the Ministry of Public Security said Tuesday. Read More
Cathay Pacific added five Chinese wines for first and business class, as part of the airline’s push to showcase emerging wine regions and elevate Chinese fine wines on the international stage. Read More