2025 data show volumes down nearly 70% from 2019 as the market consolidates around fewer origins and lower expectations. Read More
China
EMW Fine Wines has struck an exclusive distribution deal with a boutique winery from Yunnan’s Shangri-La region, marking a fresh push to bring one of China’s most distinctive high-altitude wine areas into the country’s mainstream hospitality channels. Read More
China’s largest all-day restaurant bar chain, COMMUNE, has filed for an initial public offering in Hong Kong, betting that a hybrid model can continue to deliver growth even as the country’s bar industry struggles with weakening demand and rising costs. Read More
Sam’s Club’s bestsellers reveal how price pressure, flavour preferences and a shrinking market are rewriting China’s wine playbook. Read More
After rumors of layoffs and possible sale to a Chinese baijiu distiller, global spirits giant is reviewing a sale of Shui Jing Fang amid a global slowdown. Read More
Baichuan Mingpin plans 2,000 front warehouses as traditional distributors chase growth in 25-minute delivery.
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Alcohol prices dropped 1.9% in 2025, official data show, as discounting becomes the norm, price wars intensify and distributors warn that “if you don’t cut prices, nothing moves.” Read More
Chinese authorities say smugglers used “parallel traders” to funnel premium spirits and cigars from Macau into the mainland, evading more than RMB 3.16 million in taxes amid widening cross-border price gaps. Read More
At 3,700 metres above sea level, winemaking borders on the impossible — yet bottles from Tibet are now reaching international markets. Read More
As wine volumes fall and baijiu prices invert, vermouth posts double-digit value growth, riding cocktail culture, home bartending and tariff tailwinds.
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