VATS Liquor, China’s first A-share–listed liquor distributor, said it expects to post its first full-year loss as falling alcohol prices and inventory write-downs weigh on earnings. Read More
China
For much of the past two years, commentary on China’s wine market has been dominated by a single, seemingly obvious conclusion: demand has collapsed.
Imports … Read More
China is slashing whisky tariff down to 5%, which is expected to generate £250 million in economic benefits for the UK over the next five years. Read More
Over the course of a single year, China’s brandy import value fell by more than US$500 million, while whisky import volume rose by more than 6.65 million litres — equivalent to nearly nine million additional 750-ml bottles. Read More
ALDI’s best-selling wines in China are cheap, unflashy and relentlessly practical. Based on the retailer’s own repurchase data, the ranking reveals how far price—not provenance or prestige—now shapes wine buying, and why bulk imports, sweet styles and under-RMB 100 bottles dominate the list. Read More
What began as a slowdown in drinking is now showing up in hard, physical ways: fewer vines in the ground, fewer tanks in operation, and fewer factories running at capacity. Read More
China’s wine exports posted a sharp increase in 2025, bucking a broader decline in imports as producers looked overseas for growth amid pressure in the domestic market, customs data showed. Read More
Henan Kingstar Brewery rose to prominence after its tea-flavoured beer went viral on livestreaming platforms, driving rapid revenue and profit growth.
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Smugglers used “water mules” to move high-tariff wine and spirits across the Macau border as trade policies widened price gaps. Read More
In 2025, nearly 60% of all imported wine entered China through just Shanghai and Guangdong—revealing a market that is shrinking, concentrating and quietly reorganising.
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