What’s trending in China’s wine market?
Bigger bottle size is not particularly popular in China and dining out is not necessarily the most popular occasion for wine consumption in China, as a HKTDC report shows.
Category: China
Fraudster sentenced to three years for selling fake Penfolds in Shanghai
A fraudster has been sentenced to three years in jail and fined for RMB 150,000 (US$21,400) for selling counterfeit Australian wine Penfolds in Shanghai.
ASC Fine Wines: We are here to stay
China’s leading wine importer, ASC Fine Wines, affirms pledges of long-term commitment to Chinese wine market in an effort to boost market confidence, as the company cautiously navigates in a slowing wine market after the exit of DBR Lafite’s two volume brands and key personnel changes.
What did Xi Jinping and Macron drink in Shanghai?
France might have found the biggest name in China’s wine trade to help revitalize its sluggish wine sales in China, the country’s president Xi Jinping.
Languedoc wine woos Chinese president
French president Emanuel Macron apparently wooed Chinese president Xi Jinping with a Languedoc wine on his three-day visit to China this week.
Wine Advocate names Edward Ragg MW as new Chinese wine reviewer
Edward Ragg MW, the China-based Master of Wine, has just been announced as the new wine reviewer for Wine Advocate, covering China.
People on the move: China
Key personnel changes in China’s wine market that included recent leadership change at ASC Fine Wines and Italian winery Avignonesi.
Australian wine exports to China soar, as selling price hits new record
Australian wine exports to China including Hong Kong and Macau reached a record value of AU$1.25 billion, a jump of 18% year on year for the year ended in September, the highest increase among Australia’s top export markets, as drinkers opt for more expensive bottles, according to Wine Australia.
California wineries cautiously optimistic about China
California wineries are struggling to stay afloat in China with mounting tariffs, but no one is ready to relinquish contacts with the lucrative market yet.
Vinitaly maps out ‘Wine To Asia’
More than 400 exhibitors have confirmed attendance for the ‘Wine to Asia’ trade fair in China’s Shenzhen next year, a new international wine trade show launched by Veronafiere SpA and China’s Pacco Communication Group Ltd.