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.
Tag: China
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.
FT survey: over 60% Chinese customers willing to boycott American products
More than 60% of Chinese consumers are more than willing to boycott American products from mobile phones to wine, as trade war between China and the US escalates, an FT Confidential Research survey has revealed.
China’s Wine imports continue to slide in H1
China’s wine imports continued its downward trend in the first half of the year, dipping in both volume and value though rate has markedly slowed.
Dynasty’s stocks plunge as it resumes trading in HK
Dynasty Fine Wines, the embattled Chinese winery, has resumed trading in Hong Kong on July 29 after more than six years of stock suspension, following investigations of falsifying records and selling spoiled wines in 2013.