China’s millennials and Gen Z who wield “considerable purchasing power” are reshaping China’s multi-billion wine market, as they become the main drinking force behind expanding country’s overall wine market size and per capita consumption in the next five years. Read More
Chinese wine market
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
Xige Estate's strong-worded denial of a Meininger report and a multi-million smuggled drinks bust are making headlines inside China. Read More
Australia's leading wine exporter Casella Family Brands, the parent company behind Australia's biggest selling wine brand, Yellow Tail, has reportedly put up from 35 vineyards in Australia up for sale. Read More
Latest China Customs data shows the continual decline of China's wine imports, as the ‘zero covid policy’ upheld by the country with 52 million wine drinkers continues to weigh down on demand. Read More
To capture Chinese drinkers' hearts, AM vineyards, a winery from the Cape, is producing wines specifically tailored to “meet the needs of the Chinese palate,” it has announced. Read More
China's intense lockdown and curbs have shown immediate effects on the country's lucrative wine market, especially in three of the affluent cities in Shanghai, Shenzhen and Dongguan that are engines for the country’s wine consumption, as the country holds on tight to its ‘zero-Covid policy’. Read More
China's imported wines are going on a downward spiral in 2021 and market outlook for 2022 is not looking brighter. 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