Treasury Wine Estates, Australia’s biggest listed wine company, posted a 5.3% growth in annual profits in fiscal year 2022 but its flagship wine Penfolds’ overall … Read More
China
Following a bombastic post by China's official trade organ stating a sweeping ban on Australian and New Zealand imports, both governments have come out to disperse the rumor, after it caused widespread fear and panic threatening billions of exports. Read More
Penfolds, the flagship Australian wine brand owned by Treasury Wine Estates, is far from winding down its business in China in wake of crushing tariffs, and has just unveiled a China-exclusive wine with the country's VATS Liquor Store, a nationwide wine and spirits distributor. Read More
Lady Penguin, arguably the most influential personality in China's wine community, is found guilty of coordinating a smear campaign against competitor, a court verdict has shown. Read More
Hong Kong suspended a much-loathed flight ban policy and border with mainland China could reopen as early as August 4. Read More
China’s leading wine company ASC Fine Wines has reported a booming year in 2021 after the wine juggernaut withstood economic downturn last year. Here's how it achieved it in times of uncertainties. Read More
Xige Estate's strong-worded denial of a Meininger report and a multi-million smuggled drinks bust are making headlines inside China. Read More
Cao Kailong, head of Ningxia's wine bureau, who has been a diligent apparatchik championing Ningxia's local wine industry development, has passed away on May 30 at age 57. Read More
Chinese wines achieved record-breaking results by sweeping 133 medals in one of the world's most renowned wine and spirits competitions, proving the quality of Chinese wines is gaining recognition on the world stage. Read More
Australia's most exported wine brand, Yellow Tail, has launched its Chile-made Yellow Tail range for the Chinese market this month to sidestep China's punishing tariffs on Australian wine, the company has told Vino Joy News. Read More