In 2023, France exported more sparkling wines led by Champagne to Japan than all of its still wines combined. Read More
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China's biggest domestic winery is expanding its stake in Australian winery Kilikanoon as the country is expected to lift crippling punitive tariffs on Australian wine as early as April next year. Read More
China's wine industry, grappling with the aftermath of the pandemic, faces a sharp decline in profitability, with domestic companies and imported wine markets experiencing significant downturns. But there are signs of resilence. Read More
Bordeaux exports to China including Hong Kong and Macau have dropped to record low, half of what's recorded in 2021, according to UGCG president. Read More
Ten individuals have been indicted in Taiwan for allegedly defrauding investors of nearly NT$2 trillion (US$67 million), partly through a scheme involving a wine-themed investment fund, according to local media reports. Read More
Despite ongoing Ukraine war and economic sanctions, Russia has seen a surprising uptick in its wine imports, defying the harsh economic realities imposed by the European Union’s sanctions regime. Read More
This also means that overall imported spirits value is now more than double that of wine imports, after it first overtook wine in 2021. Read More
Australia and China have announced a significant breakthrough in their longstanding wine tariff dispute, potentially paving the way for resumption of the two countries' unimpeded wine trade as early as next April. Read More
Enoteca Co., Ltd., Asia's leading wine retailer and wholesaler, is making a strategic move into Vietnam's rapidly growing wine market. Read More
A wine merchant was conned out of 18 bottles of the famed Petrus and two bottles of champagne worth €95,000. Read More