Counterfeit Bordeaux wines including top labels such as Petrus and Chateau Lafite Rothschild, valued at half a million yuan, have been uncovered by police in Beijing. Read More
China
Global wine consumption has hit its lowest record ever since 1996 to 221 million hectoliters, down by 2.6% over 2022, as a result of inflation and high production costs, according to OIV. Read More
In a win for popular Australian wine brand Penfolds, the Xiamen Intermediate People’s Court in Fujian Province has ordered two trading companies to pay RMB 1 million (US$145,000) for infringing the trademark of Penfolds. Read More
A 50-year-old Napa winery owned by Qinghai Huzhu Barley Wine Co., Ltd., a publicly traded Chinese company, has been suffering seven straight years of losses, totalling more than RMB 100 million (US$13.8 million), according to the latest financial report released by the parent company. Read More
For the first time since the second half of 2018, China’s wine import market has shown signs of recovery. Bottled Australian wine imports saw explosive growth in late March. Our full analysis of customs data here. Read More
Since 2023, China's nightlife scene has faced unprecedented challenges, with numerous establishments shuttering their doors. Amidst this downturn, iBarrel, a pioneering wine bar launched by a Shanghai-based tech company in 2015, has defied the odds. Read More
Penfolds is poised to make a full return to mainland China, with first shipments expected to arrive next month following the lifting of punitive tariffs in late March. Read More
Compared with previous editions, there’s a noticeable increase of Chinese presence at this year's Vinitaly. We talked to several wine importers attending the fair to find out what they are looking for. Read More
In the multi-billion-dollar LoNo (low and no alcohol) beverage market, is China catching onto the trend? How is non-alcoholic wine performing in this vast market? We spoke with seven different wine importers across the country to find out. Read More
Changyu, China's largest wine producer, reported a substantial increase in revenue and profit for 2023, defying broader industry struggles through strategic expansions in key markets and a diverse product portfolio. Read More