China's largest wine and spirits fair in Chengdu ended with possibly its weakest performance yet, with exhibitors and visitors reporting the "bleakest show ever", as it also faces a RMB 5 million lawsuit. Read More
Covid
ProWine Shanghai, which for the longest time looks like the only large-scale international wine fair that is set to open its doors as scheduled this month, has just announced its forced postponement due to recent flareups of Covid cases across China. Read More
China has finally reduced quarantine period for inbound travelers but the country's much anticipated wine fair is again postponed, third time this year. Read More
China's biggest wine and spirits fair reportedly has set new dates after it was twice rescheduled, but lack of international visitors still undermines its reach. Read More
The world's biggest luxury group LVMH has reported strong growth in the first quarter of 2022 but its wine and spirits business was hampered by global supply constraints. 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
Pernod Ricard, one of the biggest spirits companies in the world, is temporarily relocating its executives outside of Hong Kong, as the city clings onto its self isolation in face of record-breaking Covid cases. Read More
China’s wine imports failed to recover in 2021 and has hit a historical low, continuing a worrying downward trend as the latest customs data has shown, with both volume and value contracting during the 12 months. Read More
ProWine China 2020 drew higher trade visitor numbers despite Covid-19 and international travel restrictions. Read More
Despite successfully containing the coronavirus spread within mainland China, China’s wine consumption has yet to bounce back to pre-covid level. Read More