Hong Kong suspended a much-loathed flight ban policy and border with mainland China could reopen as early as August 4. Read More
American wine
Leading wine importer ASC Fine Wines has signed a major deal with American drinks giant, Constellation Brands Inc., to exclusively import and distribute its crown jewel wine brand, Robert Mondavi, in mainland China. Read More
US-China relations are all time low, raising fear that the two countries are heading for a complete decoupling. Meanwhile, good news for wine and spirits in Hainan. Read More
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. Read More
With ongoing China-US trade war souring Chinese consumers’ appetite for American wines, California Wine Institute’s Asia director is calling wineries not to abandon Chinese market … Read More
Japan is planning to eliminate its 15% tariff on American wine imports in the next five to seven years as the two trade partners are poised to sign a deal at the end of this month. Read More
More than 60% of Chinese consumers are more than willing to boycott American products from mobile phones to wine, as trade war between China and the US escalates, an FT Confidential Research survey has revealed. Read More