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China’s imported wine sector continues to slide with double digit drops in both volume and value in the first four months of the year while Australia overtakes France as the country’s No.1 wine supplier.
With China’s shrinking economy amid uncertainties with on-going China-US trade war, consumer appetite for the 2018 Bordeaux En Primeur Campaign is waning.
Constellation Brands, the American drinks giant, has signed a new distribution deal in mainland China for its Robert Mondavi Private Selection, a range of wines aged in bourbon barrels, injecting a dose of confidence in the embattled Chinese market.
Bulk wine, the two words that can send shudders down a wine connoisseur’s spine and spoil a Burgundian Vigneron’s appetite, is finding a new life in China, and growing at a speed that can marvel Bordelais even in a challenging climate like last year.
Beaujolais, the French appellation standing in the shadow of Burgundy, is racking up interest in China, as younger generation ofContinue Reading
It’s the worst nightmare that most producers in the US fear – and now increasingly seems like a reality thatContinue Reading
If the threatened increase comes into effect on June 1, taxes on American wine exports to China would be pushed to close to 100% compared with the regular 48%.
Australia’s renowned wine brand Penfolds has unveiled three different Champagnes that it has created in collaboration with family-owned Champagne house Thiénot to mark its 175th anniversary.
Australia’s wine giant Treasury Wine Estates has announced that it has won a legal case against Penfolds’ copycat wine brand Rush Rich in Australia.
Financial reports of major and listed Chinese wineries have shown that almost all suffered profit loss in 2018.