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The emergence of "professional fake-busters" in China, initially seen as a defense against counterfeit goods, has taken a troubling turn as these individuals now exploit regulatory loopholes to extort money from businesses, particularly targeting the imported wine sector. Read More
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