Australia and China have announced a significant breakthrough in their longstanding wine tariff dispute, potentially paving the way for resumption of the two countries' unimpeded wine trade as early as next April. Read More
Australia
As the World Trade Organization (WTO) prepares to release its ruling on the China-Australia wine tariff issue, Australian Prime Minister Anthony Albanese said on Tuesday that he remains "very hopeful of a breakthrough". Read More
The French drinks giant Pernod Ricard is reportedly mulling a sale of its Australian and New Zealand wine portoflio including its crown jewel Jacob’s Creek. Read More
A surge of Australia wine exports to Hong Kong has fuelled the city’s bullish wine trade in the first half of the year, as wineries and merchants are itching to ship wines across the border in anticipation of tariff lift. Read More
China has officially scrapped more than 80% of punitive tariffs on Australian barley that it has imposed since May 2020, raising hope that wine could be next. Read More
If the slide continues, most likely 2023 will be the worst performing year in a decade since anti-corruption clamdown. Read More
Among Australia's top five markets by value, only Hong Kong reported growth in the year ended in June, 2023. Read More
The 2023 vintage for Australian wine is predicted to be the smallest in over two decades, according to the National Vintage Survey 2023, due to adverse weather conditions and a decline in global demand. Read More
If you're looking for the ultimate wine experience or a few bottle to lubricate the dinner conversations over the upcoming Chinese New Year, be sure to check out these Trophy winners from HK IWSC. Read More
CK Life Sciences, the biotechnology arm of Hong Kong’s richest man Li Ka-shing’s CK Hutchison Holdings, is now one of the largest vineyard holders in Australasia and top 10 in the world. Read More