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China’s wine market failed to pick up steam despite early economic recovery from the pandemic and overall growing consumer spending, as limited business banquets and social gatherings still heavily weigh down the country’s wine consumption volume.
Vinexpo Shanghai 2021 was abruptly cancelled just 10 days before its official opening date, citing pandemic-induced international travel restrictions as the main cause for the cancellation.
ProWine Shanghai, eighth year in the running, is returning to Shanghai on November 9-11 with “incomparable scale and scope” despite ongoing challenges of Covid-19 pandemic and global travel restrictions.
Amid travel restrictions and quarantine measures, this year’s ProWine Hong Kong @ HOFEX on September 7-9 has concluded successfully when many physical wine fairs were cancelled around the world.
As holiday season approaches, leading wine merchants and wineries tell Vino Joy News what has transpired the shipping delays this year and the impacts of the delays.
Here are China’s top 10 wine exporting countries in the first half of 2021.
After twice being delayed due to resurgences of Covid-19 cases, the much-anticipated Wine to Asia show has pinned down new dates this December in Shenzhen.
China’s leading online wine and drinks retailer 1919 gets a fresh round of cash injection of RMB 200 million (US$31 million) from a Chinese property developing company.
The much-anticipated Wine to Asia has been postponed again due to recent flare ups of the more infectious Delta variant that has spread from eastern Nanjing to 27 different cities across China.
Hong Kong International Wine & Spirits Fair has launched a new consumer event this August ahead of its main fair in November, which has been delayed twice due to the pandemic.