China
The Institute of Masters of Wine has announced seven new Masters of Wine, from five different countries, with one newly added Chinese national, Lin Liu MW. Read More
After previously adjusting its earning forecast from 10-15% down to 5-10%, the Australian wine giant Treasury Wine Estates has now said the forecast will no … Read More
China’s wine market in 2019 suffered a huge blow as latest figures released by the country’s drinks trade body showed that wine imports during the year slipped to the lowest level since 2017, as a result of the country’s slowing economy and US-trade war. Read More
A leading Chinese economist estimated that China’s first quarter growth will be 0% or worse, warning that previous prediction dismissing COVID-19’s mid- and long-term impacts on China’s economic growth is wishful thinking. Read More
Australian wine exporters to China have reported dramatic drops as much as 90% in the first two months of the year, due to the fast-spreading Covid-19 (coronavirus). Read More
The 48-year-old Chinese man infected with the fast-spreading novel coronavirus or Covid-19 has recovered and been discharged from a hospital in Bordeaux after first being diagnosed on January 24. Read More
For many wine merchants hoping for a recovery in 2020 after sales slump in 2019, the hope is completely dashed, as the whole country’s economic growth is expected to be undercut significantly by the deadly coronavirus. Read More
Wine Australia's CEO Andreas Clark warns of the impacts of the deadly coronavirus on sales particularly to its most profitable market China in the trade body's latest export report, as China struggles to contain the virus that has infected close to 37,000 and killed over 800. Read More
The Chengdu wine and spirits fair, the biggest trade fair for alcoholic beverage inside mainland China, has been postponed, the organiser has announced, due to the outbreak of the deadly coronavirus that has now sickened over 24,000 and killed 490 in China. Read More