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China is expected to announce provisionary punitive tariffs on European brandy as early as August, marking the first time state media has provided a timeline for the decision, after launching an anti-dumping probe into EU-produced brandy five months ago. Read More
Sotheby's will stage two historic French auctions from the cellar of Chinese billionaire Pierre Chen in June and July, estimated to fetch US$3.5 million, following the success of his frist tranche of Atlas of Wine sale in Hong Kong last November that realized US$16.8 million. Read More
A Chinese wine fraudster, wanted for a major scam RMB 2 million (US$275,000), was captured in Bangkok, Thailand. The suspect, a 42-year-old man identified only as Ming, was arrested for overstaying his visa and working illegally after fleeing from China to escape charges. Read More
As Japan's overall wine market faces a downturn, small-format, canned wine is experiencing a surge in popularity, industry data shows. Sparkling wine in cans, in particular, has found a robust market among consumers who have taken to at-home drinking—a trend accelerated by the pandemic. Read More