The milestone marks a shift in Hong Kong’s alcohol import landscape, which for more than 15 years had been dominated by wine after the government eliminated wine import tariffs to position the city as a global wine hub. Read More
imported spirits
This marks the first time since 2021 that wine has overtaken spirits in total import value, reversing the trend that began when spirits eclipsed wine that same year. Read More
Hong Kong lawmakers are advocating for the removal of the 100% spirits tax to transform the city into a regional hub for spirits consumption and trading, mirroring the success achieved with wine. Read More
China’s imported wine market is at its lowest ebb, but has it bottomed out yet? Read More
This also means that overall imported spirits value is now more than double that of wine imports, after it first overtook wine in 2021. Read More
China's thirst for imported spirits has experienced a significant surge during the first half of this year, doubling the size of the country's imported wine market. Read More
After removing tariffs, Hainan, China’s biggest duty-free market, is planning to remove VAT and excise tax for imported wine and spirits in a bold move to boost its attractiveness for tourists. Read More
Fujian, the coastal province that sits across Taiwan, is an important wine consumption market in China that should be on any merchant and winery's radar. Did you know that unlike most Chinese provinces Fujian's wine consumption outweighs Baijiu? Read More