In an exclusive interview with Vino Joy News, Makoto Nagae, the newly appointed CEO of ASC Fine Wines, shares his growth plan for the company, the invaluable lessons he has learned from the pandemic, and his outlook for Chinese wine market. Read More
China
China’s leading online wine and drinks retailer 1919 gets a fresh round of cash injection of RMB 200 million (US$31 million) from a Chinese property developing company. Read More
A sharp-tongued criticism of boozy business drinking from China's anti-graft watchdog takes direct aim at Alibaba scandal and has sent major Chinese drinks producers' stocks spiraling on Wednesday. Read More
China’s technology giant Alibaba has been embroiled in a fresh scandal where a female employee alleged that she was molested by Alibaba’s client and then raped by her direct supervisor last month after a booze-filled business dinner. Read More
The economic pains of the China-Australia conflict are also being felt in China, as the Chinese wine market struggles to absorb the aftershock of the boozy breakup. Read More
China's biggest duty-free island province, Hainan, has reported RMB 46.8 billion in sales from last July to June this year, aided by increased spending limit and global travel restrictions. Read More
The much-anticipated Wine to Asia has been postponed again due to recent flare ups of the more infectious Delta variant that has spread from eastern Nanjing to 27 different cities across China. Read More
Wine to Asia has just announced that Italian wine expert and wine critic Ian D'Agata will kick off the three-day wine fair on August 12 in Shenzhen with a Grand Opening Masterclass, highlighting none other than Italy. Read More
China’s biggest online drinks retailer 1919 Wine and Spirits, partly owned by e-commerce giant Alibaba, has bounced back from a pandemic-hit year to report a strong half-year performance over 2020 and Covid-free 2019. Read More
Australian wine exports to China from January to June plunged to just AU$13 million, down from AU$419 million of the same period last year, as other market gains struggle to offset loss in its most valuable export market. Read More