Chile is reaping in market share left by Australian wines, which topped China's wine market up till last November when crippling tariffs brought it to a crashing halt. Read More
China
China's wine imports in the first four months of the year declined again from the pandemic-hit level. However April data gives hope for optimism. Read More
The second edition of Wine to Asia has been postponed to August, the organizer has announced citing the recent Covid-19 flare-ups in Guangdong as the main reason for the rescheduling. Read More
Provence bucked a prevailing downward trend last year and saw its rosé wine exports soaring despite the pandemic, driven by bullish demand in Europe. But now, with traditional exports markets in Europe and the US firmly captivated by the pink wine, Provence is eyeing its next growth engine – Asia. Read More
The second edition of Wine to Asia organized by Vinitaly and Pacco Communications will return to China’s southern economic powerhouse, Shenzhen, in full force. Read More
Bars have been hit hard in mainland China and a new report estimates that about 6,000 bars in the country went out of business during the pandemic year.
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Chilean wine exports to China surged in the first quarter of the year as merchants look to the South American country for substitutes for Australian wine. Read More
Strong performances in China and the US have shielded multinational drinks companies from the fallout of Covid-19 in recent months, according to analysis from IWSR. Read More
Wine business in China is proving to be a weak link in the country’s drinks industry’s recovery as wine companies struggle to fully bounce back from the pandemic-induced sales downturn. Read More
France has overtaken Australia to become China’s No.1 wine supplier, based on the latest Customs data, a result of the crippling tariffs slapped on Australian wines. Read More