China’s antitrust watchdog has handed another round of penalties to the country’s tech giants including Alibaba and Tencent that involve investments in two of the country’s leading drinks trading platforms in ongoing crackdown on monopolies. Read More
China
Chile has staged what could be known as the greatest upset in Chinese wine market. Not only did the size of Chilean wine market exponentially expanded, but Chinese drinkers now are uncorking more bottles of iconic Chilean wines than ever. Read More
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. Read More
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. Read More
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. Read More
Derided by trade professionals as "Disneyland of fakes", the scale of knockoffs seen at this year's Autumn edition of China Food & Drinks Fair in Tianjin is staggering. We have rounded up some of the worst offenders here from fake DRC to counterfeit Petrus. Read More
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. Read More
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. Read More
Vinexpo Shanghai 2021 was abruptly cancelled just 10 days before its official opening date, citing pandemic-induced international travel restrictions as the main cause for the cancellation. Read More
ASC Fine Wines, China’s leading fine wine importer and distributor, has added Chateau de la Font du Loup, the artisan wine producer of Chateauneuf du Pape, to its portfolio, expanding its fine wine range for mainland China and Hong Kong markets. Read More