Global pandemic coupled with China's crushing anti-dumping tariffs on Australian wines have shaved off 24% of profits for Australian wine giant, Treasury Wine Estates, parent company of Penfolds. Read More
China
China's biggest wine and spirits trade fair has announced that it will postpone its fair schedule from originally planned March to April, after the hosting province issued a directive to ban large-scale, sales-oriented gatherings as part of its precautionary measures following small clusters of infection. Read More
Australian wine exports slowed in the 12 months to December 2020, significantly clipped by China's punitive tariffs in the last two months of the year that nearly flatlined December exports, according to Wine Australia’s latest Export Report released today. Read More
Chinese customs has blocked the entry of four tons of Australian wines citing contaminated cork as the main cause for its decision, as relations between the two trading partners sinks to all time low. Read More
The WSET, the largest global provider of wines and spirits qualifications, has suspended its operation in China indefinitely, after it was reported that the education provider allegedly failed to comply with the country's education laws and non-governmental organization (NGO) management law. Read More
A first-ever new Chinese TV show on Italian wine that marries The Bachelorette-like reality TV flair with adrenalin-filled adventures is hitting China's biggest streaming and video platform Youku. Read More
China's leading supermarket operator, Yonghui Superstores, is betting big on wine, buoyed by the country's wine consumption potential. Read More
The country’s domestic wine production suffered a fifth year drop while wine imports plunged both in volume and value, according to the latest official data. Read More
With crushing tariffs on Australian wines and international travel restrictions due to the coronavirus pandemic, Australia is sobering up to a costly China fallout. Read More