Alibaba highlights four drinks trends in China
Alibaba, the giant Chinese e-commerce company, has released its online drinks report, highlighting four defining trends in China’s US$6 billion online drinks market.
Tag: China
China’s top 10 wine importing countries in H1 2019
China’s wine industry is probably facing the most challenging time since anti-corruption campaign in 2012 that cracked down on ostentatiousContinue Reading
Exclusive interview with Gus Zhu, first Chinese national Master of Wine
At the age of 31, Gus Zhu MW made history by becoming the first Chinese national to achieve the Master of Wine title after grueling examinations and tastings.
China adds three more Masters of Wine
China just added another three Masters of Wine including a first ever Chinese national who has achieved the title, the Institute of Masters of Wine has announced.
Pernod Ricard breaks ground on US$150m Chinese malt whisky distillery
Pernod Ricard has officially announced the construction of “first ever iconic malt whisky distillery” in China’s southwestern Emeishan in Sichuan province, the latest venture into the lucrative Chinese market following its wine project in the country.
Chinese company buys Accolades’ Australian winery for $10m
A Chinese group has purchased The Knappstein in Clare Valley from Accolade Wines for reportedly AU$15 million (US$10.12 million). TheContinue Reading
TWE 2019 profits buoyed by Asia
Strong demand for premium wines and mass-produced wines has driven up sales and profits for Australian wine giant Treasury Wine Estates.
Grace Vineyard buys Chinese whisky distillery for HK$15 million
China’s leading winery Grace Vineyard has purchased a whisky distillery in the country’s coastal Fujian province for HK$15 million (US$1.9 million), making its first foray into whisky production to make ‘medium and high-end Chinese whisky’, the company has announced this week.
Wine Intelligence downgrades China’s attractiveness as a wine market
China has lost out on its attractiveness as a wine market, according to the latest report by Wine Intelligence, amid the country’s slowing economic growth, escalating China-US trade war and depreciated Chinese currency.
WSET unveils events in China to celebrate 50th anniversary
WSET will kick start a week-long celebration in September to mark its 50th anniversary, with a series of events planned for China, its biggest market for both wine and spirits education.