One of Australia’s biggest organic wineries, Salena Estate, has gone bankrupt following a domino effect of financial challenges triggered by hefty tariffs imposed by China. Read More
China
Zong Qinghou, the self-made drinks billionaire who once became the country’s richest man, has passed away on Sunday at age 79 after ineffective treatment of an unnamed illness. Read More
China's Ministry of Commerce is hinting at a crucial decision on whether to lift tariffs on Australian wines, as Australian wine exporters wait with bated breath on the final green light to re-enter China market. Read More
Anchoring the Greater Bay Area's economic tides, the wine show that had firmly staked its claim in the affluent South China, linking the region's economic powerhouses, is making a comeback for its much-anticipated second edition. Read More
Shanghai, Beijing of course are on the list but there's one province that showed significant growth that defied the overall slump. Here are China's top 10 wine importing provinces and cities in 2023. Read More
Treasury Wine Estates, the Australian wine giant that owns Penfolds, says it’s “prepared and well placed” to resume shipping of its wines including Penfolds Bin and Icon series to the Chinese market once Beijing completes tariff review as soon as next month. Read More
DBR Lafite Group has been awarded nearly RMB 80 million in a landmark lawsuit case against counterfeiters, a record-breaking amount granted to a foreign wine company. Read More
Leading Bordeaux négociant Joanne is allegedly invovled in a wine smuggling case that's being investigated by Chinese authorities, according to Chinese media reports, the second time the négociant has been linked to wine smuggling. Read More
China’s imported wine market is at its lowest ebb, but has it bottomed out yet? Read More
According to data from China's Bureau of Statistics, Chinese residents, on average, allocated about 30% of their spending to food, tobacco, and alcohol, including wine, last year. Read More