China’s wine business is in the midst of a slow, grinding reshuffle. Profits are falling, cash is tight, and many companies are cutting back. Yet, in a market that has weathered years of turbulence, there are still players willing to take chances on what comes next. Read More
Wine business
Wine business in China is proving to be a weak link in the country’s drinks industry’s recovery as wine companies struggle to fully bounce back from the pandemic-induced sales downturn. Read More
China's leading supermarket operator, Yonghui Superstores, is betting big on wine, buoyed by the country's wine consumption potential. Read More
With coronavirus brutalizing China’s wine sales in the first few months of the year, much-anticipated recovery to pre-Covid level will likely arrive in the last quarter of the year, according to sommeliers and importers interviewed for the article. Read More