With its cellar seized, a debt-laden wine company had its wines taken as well. Is this practice reasonable? Read More
First growths
Set for Sept. 29 this year, the Mid Autumn Festival typically drives significant wine demand through gifts and banquets. However, importers across China’s major wine-consuming regions who talked to us are reporting a more subdued market, even though some categories are defying the broader downturn. Read More
Now with an average of 20% price cuts of this year' Bordeaux En Primeur, will the Chinese wine merhcants, who were largely absent from tasting week take the bite now or bail? Read More
The anti-graft watchdog in Xiamen is investigating the former deputy head of the state-owned conglomerate, C&D Group. Its wine division was once China's largest wine importer, wielding such significant influence that Bordeaux broke with tradition to accommodate the conglomerate.
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Over 30 magnums of top Bordeaux wines including all first growths are among wines that are rejected from entering into mainland China market for what Chinese authorities determined as “labelling issue”. Read More
Customs officers in Shenzhen Bay Port have seized RMB 1.5 million (US$ 236,637) worth of fine wines smuggled from tax-free Hong Kong to mainland China, mostly consisting of Australian wines. Read More
A total of 1,903 cases of premium wines including Bordeaux first growths, Chateau Lafite Rothschild, Chateau Haut-Brion, Chateau Mouton Rothchild, and Napa's Opus One were nabbed by customs authorities in Shanghai. Read More