The “real brights spots” driving China’s wine market growth pre-Covid will return once the market normalizes, says IWSR CEO.
Despite American president’s threat to remove Hong Kong’s special trade privileges, the city’s American wine importers and promoters remain undeterred by the news, counting on the city’s 2008 wine tax policy to insulate itself from the ongoing US-China tensions.
How did Japanese restaurants and bars manage to keep their business afloat during and after lockdown? Smart take-away policy using smaller bottling formats and promoting rare gems are some of the strategies that saved many businesses, writes Mari Yasuda.
Auction house Acker Merrall & Condit has withdrawn a lot featuring a 1924 Romanee Conti for its upcoming Hong Kong auction on June 11-13 after American lawyer Don Cornwell, who became famous for his involvement in uncovering fraudster Rudy Kurniawan questioned its authenticity.
China has introduced a homegrown wine rating system that has now being adopted by the country’s leading e-commerce giant JD.com for its more than 300 million online consumers, posing as an alternative to rival established international wine rating systems used by wine critics such as Jancis Robinson or James Suckling.