China's punitive tariffs on Australian wines could be lifted in an unofficial manner as tensions between the two countries thaw following signs of warming ties. Read More
China
Italian wine exports are booming in the first 8 months of the year despite surging energy crisis and inflation, but suffered setbacks in the vast Asian market where exports to mainland China, Hong Kong and South Korea plunged. Read More
EMW Fine Wines (Shanghai) Limited and Emiliana, the world's largest organic winery in Chile, has signed an exclusive import and distribution agreement for the winery's Novas, Coyam and Gê wines for mainland China. Read More
China has reportedly suspended alcoholic beverage imports from Taiwan allegedly over labelling issue, affecting the island's exports of popular beer brands and Kavalan whisky as tensions escalate. Read More
In one of its grimmer estimates, Liv-ex warned that with China’s sagging economic growth and political uncertainties, its allure for global wine merchants has dimmed and the country “will not be riding to the rescue of the global wine trade in difficult times ahead”. Read More
North Korean ruling elites’ penchant demand for fine wines and spirits has revived China’s liquor exports to the isolated country, two years after it sealed off its borders in early 2020 in face of Covid. Read More
Australia has appointed two country managers for Japan and South Korea to grow Australian wine as it tries to diversity and intensify Australian wine exports during "a really challenging time" amid sharp export drops to China. Read More
Japanese alcohol exports passed a milestone in 2021 by surpassing the ¥100 billion mark for the time fueled by strong demand for its sake and whisky. Find out which countries are buying the most from Japan. Read More
China’s wine and spirits imports in the first half of the year continued to drop due to sporadic lockdowns, while whisky surprisingly beat market gloom and signs of recovery in wine started to emerge after May. Read More
Drinks giant Pernod Ricard reported record year of sales and profits in 2022, driven by strong, balanced and diversified growth but its wine category is lagging behind. Read More