The on-and-off sale surrounding the fate of Summergate shows the depth of China's cut-throat market competition and how even big congloermerate-backed wine companies are unprepared for market slump and the onslaught of pandemic. Read More
China
Summergate, one of China's leading wine importers, is facing business closure after 24 years in the business. Read More
An annual survey on China's super rich have revealed their most favored imported spirits and wine brands. Read More
After removing tariffs, Hainan, China’s biggest duty-free market, is planning to remove VAT and excise tax for imported wine and spirits in a bold move to boost its attractiveness for tourists. Read More
China could lift its punitive tariffs on Australian wine before the end of June, according to former Australian Ambassador to China, signalling a key step to bring the bilateral wine trade back on track. Read More
Wary of domestic wines losing out to imported wines, a Chinese official has called for tax removals to help Chinese wine outcompete imported wines. Read More
Fresh from an export boom, Ningxia wine region has organized a series of masterclasses and wine tastings in Macau in late February. Read More
Italian Trade Agency (ITA) is cautiously optimistic about Chinese wine market this year following China’s swift reopening, as it kicks off its tailor-made wine and spirits courses for the country’s wine trade in anticipation of market rebound. Read More
Tom King, managing director of Australia’s popular wine brand Penfolds, has met with China’s official drinks trade organization, the first high-level meeting between the two parties following the signing of their long-term partnership last year. Read More
Sotheby's has launched its first ever online auction of China's most famous spirit Moutai specially tailored for collectors in mainland China, leveraging the country's most popular social media platform - WeChat - to allow its 1.24 billion users to bid online. Read More