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
Markets
The 62nd Hospices de Nuits-Saint-Georges wine auction held on 12 March at the Château du Clos de Vougeot achieved a record price of €3,603,000, a 45% increase from 2022, blosted by the "generous" and "authentic" 2022 vintage. Read More
Effective April 1, 2023, Delicato Family Wines, a leading U.S. fourth-generation family-owned wine company, has appointed Enoteca Japan as the exclusive distributor of the iconic Sonoma-based Francis Ford Coppola Winery portfolio for the Japanese market. 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
Hong Kong is losing its allure as a shopping paradise to deep-pocketed mainland tourists living in Greater Bay Area. Read More
How did Hong Kong's wine market fare in 2022? Here's our detailed breakdown and analysis of the city's market performance from last year. 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
For the first time, a rosé producer has been awarded the much coveted Winery of the Year title by Wine Enthusiast. Read More
A rare bottle of 123-year-old Château Latour and a super lot of Château Mouton Rothschild 1945 will go under hammer as part of Christie’s upcoming wine sale featuring the cellar of renowned Norwegian collector Christen Sveaas in Hong Kong. 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