Your ultimate source for everything related to China's wine market
The wine app Vivino, dubbed the ‘Netflix of wine’, will pivot towards subscription-based wine recommendations in the future and expand into new markets including China, following its successful funding of US$155 million, its co-founder has revealed.
A raid by Shanghai Police has uncovered over 50,000 bottles of fake wines including Penfolds and Bordeaux as well as known spirits and Baijiu brands worth over US$31.1 million.
China’s premier wine region, Ningxia, has set out clear goals to significantly improve its production capacity by 2025 to rival other international wine regions and boost its domestic wine consumption.
Australia’s biggest wine producer Accolade Wines is allegedly scouting vineyards in northwestern China.
Fifty women in the wine and spirits industry are recognized for their contribution from winemaking, communication, education to design. The full list here.
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.
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.
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.
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.
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.