Following Beijing's decision to lift tariffs on Australian wine last week, Treasury Wine Estates has announced a price increase for its premium Penfolds range, set to take effect on July 1. Read More
Australian wine
As Australian wine stands on the cusp of a grand return, the mood within the industry has palpably shifted. How are these changes reflected in the sentiments of wine importers and merchants? Find out in our on-the-ground reporting from Chengdu, at the heart of the country's largest wine and spirits fair. Read More
Wakefield Taylors Family Wines has forged a new distribution partnership with Jebsen Wines & Spirits to bolster its foothold in Hong Kong and Macau, laying the ground work for eventual and fast acess to the Chinese market once China reopens within days. Read More
China's Ministry of Commerce has proposed lifting punitive tariffs imposed on the Australian wine, signalling an end of a three-year trade freeze that has upended Australia AU$1.2 billion annaul wine exports. Read More
One of Australia’s biggest organic wineries, Salena Estate, has gone bankrupt following a domino effect of financial challenges triggered by hefty tariffs imposed by China. Read More
Treasury Wine Estates, the Australian wine giant that owns Penfolds, says it’s “prepared and well placed” to resume shipping of its wines including Penfolds Bin and Icon series to the Chinese market once Beijing completes tariff review as soon as next month. Read More
Australian wine exports declined in 2023, falling significantly below long-term averages due to a slowdown in Europe and North America amid softening global wine demand and lukewarm sales. Read More
China’s imported wine market is at its lowest ebb, but has it bottomed out yet? Read More
China's biggest domestic winery is expanding its stake in Australian winery Kilikanoon as the country is expected to lift crippling punitive tariffs on Australian wine as early as April next year. Read More
This decision, announced by the Ministry of Commerce, is expected to its way to eventually remove the last roadblock to resume normal wine trade between Australia. Read More