Changyu Pioneer Wine Company, China’s largest wine producer, reported a nearly 40% decline in net profit for the first half of 2024, reflecting the ongoing challenges in the country’s wine market. Read More
Kilikanoon
China's biggest domestic winery is expanding its stake in Australian winery Kilikanoon as the country is expected to lift crippling punitive tariffs on Australian wine as early as April next year. Read More
A few Chinese-owned Australian wineries are reporting unfair treatment and abuse after a social media campaign emerged in Australia calling for consumers to boycott 41 Chinese-owned wineries in the latest wine-related trade spat. Read More