Your ultimate source for everything related to China's wine market
The latest research by IWSR shows alcohol ecommerce across global key markets continued to grow with new app-driven business models during the pandemic. In fact, global alcohol beverage ecommerce is projected to grow 66% to US$42 billion over the 2020-2025 period.
China’s leading wine importer and distributor, ASC Fine Wines, has added American Pinot Noir trendsetter, Ken Wright Cellars in Oregon to its expanding portfolio for China market including Hong Kong and Macau.
Two leading wine fairs have fallen victim to the latest rounds of tightened social distancing measures in China, underlining the challenges for wine fair organizers even two years after the start of the pandemic.
Budweiser, the popular beer brand owned by AB InBev, has been reportedly fined the third time in mainland China for violating advertising law this year.
CIVB president Bernard Farges talks to us about the prestigious French wine region’s future in China, its strategy to connect with young drinkers in China and its fight against counterfeiters.
China’s wine market failed to pick up steam despite early economic recovery from the pandemic and overall growing consumer spending, as limited business banquets and social gatherings still heavily weigh down the country’s wine consumption volume.
China’s largest private education company, New Oriental Education & Technology Group, has set up a subsidiary to offer wine and alcoholic beverages, as it tries to diversify its services, after the publicly listed company became the largest casualty in China’s private tutoring overhaul.
The World Trade Organization (WTO) has formally agreed to set up an investigative panel to examine China’s anti-dumping tariffs on Australian wines, a move that will likely anger China after it first blocked Australia’s request in September.
Bordeaux Wine Council (CIVB) has opened a representative office in Shanghai, as it ramps up efforts to drive Bordeaux exports in mainland China in absence of competitors from Australia.
China demonstrated huge potential of its consumer market as it sees consumption craze in the service industries during the seven-day national holiday, aka “Golden Week”, despite the government’s advocacy on stay-at-home celebrations.