In one of its grimmer estimates, Liv-ex warned that with China’s sagging economic growth and political uncertainties, its allure for global wine merchants has dimmed and the country “will not be riding to the rescue of the global wine trade in difficult times ahead”. Read More
Fine wine
Tokyo-headquartered Enoteca has reopened its 75 m² wine store in China's eastern Suzhou after months of renovation, as it plans expansion to tap into wine consumption power of the affluent city of 13 million people. Read More
Six bottles of Domaine Comte du Liger-Belair La Romanée 2002 in original wooden case will lead Bonhams Fine and Rare Wine and Whisky Sale in Hong Kong on 19 August 2022. Read More
Bordeaux experienced a challenging year in 2021 as the region faced consecutively low crop yields, declining interest towards its En Primeur and fierce competitions from other regions. Read More
Sotheby's wine and spirits sales boomed in 2021, though Asian wine buyers' dominance wanes. The auction house also announced key leadership changes. Read More
Sotheby’s Wine unveils the rundown of its Hong Kong Spring 2022 sale series, which is expected to bring in HK$95 million. Read More
Japan's second largest wine group has just appointed Shinji Hori as its new president. Read More
The 2018 Ao Yun vintage became the pinnacle of Chinese wine as it gained the highest score from international wine critics. Read More
A wine importer in China has been handed a one-year-and-three-month sentence and a hefty fine of RMB 550,000 (US $86,460) for wine smuggling, taking advantage of cross-border e-commerce platforms that more than halved wine taxes. Read More
Some of the most pedigreed Bordeaux bottles from the personal cellars of Prince Robert of Luxembourg, his family and his friends will be on offer in an unprecedented sale on May 21 in New York at Sotheby's. Read More