Your ultimate source for everything related to China's wine market
China’s premier wine region, Ningxia, has set out clear goals to significantly improve its production capacity by 2025 to rival other international wine regions and boost its domestic wine consumption.
Guangdong’s premium alcohol consumption bucked a prevailing downward trend and managed to report a double-digit growth last year despite the pandemic and consumers’ cautious spending.
The Japanese government has announced they will revise liquor taxes in October. Mari Yasuda reports from Japan on the impacts, and reactions from importers and merchants.
Joyvio, the agricultural arm under IT company Lenovo, has reportedly suspended its imported wine business, fueling speculation about the future of its wine division.
China’s wine imports in the first six months of the year slid due to Covid-19, with Chile seeing the sharpest decline among all countries of origins.
Chinese wine is largely believed to be dominating China’s market. That’s not quite the case.
A wine merchant in Shenzhen bordering Hong Kong has been handed a two-year sentence and a fine of RMB 3 million (US$419,670) for profiteering from tariff-free cross-border wines imported through e-commerce platforms, and illegally selling them for higher profits.
Castle Li, one of the most important personalities in China’s drinks industry, has been relieved from his position as general manager of China’s second biggest domestic winery over “discipline violation”.
China’s state-owned foodstuff conglomerate COFCO has allegedly made important leadership changes for its wine importing business which saw the departureContinue Reading