Authorities in Shenzhen seized over 4,000 bottles of fine wines including Lafite, Mouton and Penfolds 707 and other high-value products worth more than RMB 18 million (US$ 2.31 million), as smugglers scurried to ferry the goods from tax-free Hong Kong to the mainland. Read More
Shenzhen
The "biggest smuggling case" involving "highest value" of fine wines including Opus One, Lafite and Mouton were seized at China borders. Read More
The second edition of Wine to Asia has been postponed to August, the organizer has announced citing the recent Covid-19 flare-ups in Guangdong as the main reason for the rescheduling. Read More
The second edition of Wine to Asia organized by Vinitaly and Pacco Communications will return to China’s southern economic powerhouse, Shenzhen, in full force. Read More
Dashui Wine, the leading wine and spirits company in South China, has announced in a letter that it's closing its business for good, due to the pandemic. Read More
Simone Incontro, General Manager of Veronafiere Asia, soberly warns of a struggling Chinese wine market while outlining a strong pipeline of opportunities in natural and Chinese wines, as the Veronafiere executive gears up for a new B2B wine exhibition to facilitate drinks trade in China on the back of the country’s accelerating recovery. Read More
Has China's wine appetite returned? Where is the country heading in the post-pandemic market? Much of it will perhaps be answered at the upcoming Wine to Asia wine fair in Shenzhen. Read More
Residents in China's southern metropolis Shenzhen certainly had a boozy month of May. The city has given out RMB 50 million (US$7 million) worth of drinks voucher to local residents in an effort to boost alcohol sales amid pandemic. Read More
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. Read More