Chilean wine exports to China up by 40%
Chilean wine exports to China surged in the first quarter of the year as merchants look to the South American country for substitutes for Australian wine.
Tag: China
Wine business in China struggles to bounce back
Wine business in China is proving to be a weak link in the country’s drinks industry’s recovery as wine companies struggle to fully bounce back from the pandemic-induced sales downturn.
Australian wine exports to China plunge over 95%
Australian wine exports to China were shaved off by over 95% since the punitive tariffs came into effect last November, painting a grim roadmap that leaves little breathing room for Australian wineries in the Chinese wine market for the next five years.
China’s five top viewed wine brands on Douyin
Find out what the top five most watched wine brands are on China’s massive video sharing platform Douyin.
China’s top 10 wine importing countries in 2020
China’s top 10 wine importing countries in 2020 have been revealed. All experienced downturns as expected except one country. Find out who they are.
Global wine consumption dip in 2020
Global wine consumption in the pandemic year reached the lowest recorded level of consumption since 2002, and China is the key driver for the downward trend, says OIV.
Cristal 2013 released in Hong Kong
Champagne Louis Roederer has released its latest vintage of its crown jewel, Cristal 2013 for Greater China market via its exclusive importer Links Concept.
Chinese tariffs plunge Australian wine performance on secondary market
China’s punitive tariffs of up to 218% on Australian wines are not only corking Australian wine exports, but also having a “detrimental impact” on Australia’s performance in the secondary market, according to Liv-ex.
Breaking: Fine wine merchant Sarment is closing business across Asia
Fine wine merchant, Sarment, is shutting down its business in mainland China, Hong Kong, Singapore and Japan, less than two years after it was sold to Paolo Bulgari.
‘Largest-ever’ global promotion of Australian wine to be unveiled
Wine buyers around the world will be able to discover and connect with Australian wines on a “first-of-its-kind virtual platform” launching 27 April, the country’s wine trade organization has announced.