Pandemic corks China’s wine market in 2020
The country’s domestic wine production suffered a fifth year drop while wine imports plunged both in volume and value, according to the latest official data.
Tag: wine imports
China’s wine imports slide
China’s wine market has yet to get its mojo back and consumer sentiment for wine is still cautious, as the latest data showed.
China’s October wine imports surge on Australian wine rush
China’s October wine imports surged for the first time this year as merchants rush to stockpile Australian wines before any hefty punitive tariffs that have now come into effect this month.
China’s wine imports continue to slide in first nine months
China’s wine imports in the first nine months of the year continued a worrying double-digit slide, but rush for importers to stockpile Australian wine before punitive tariffs hit resuscitated imports in September.
Wine imports are drying up in China
Despite successfully containing the coronavirus spread within mainland China, China’s wine consumption has yet to bounce back to pre-covid level.
China’s imports slide in H1 as Covid takes toll
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.
Hong Kong wine trade hopeful of American wine despite Trump’s threat
Despite American president’s threat to remove Hong Kong’s special trade privileges, the city’s American wine importers and promoters remain undeterred by the news, counting on the city’s 2008 wine tax policy to insulate itself from the ongoing US-China tensions.
China’s wine imports dip in Jan-April
Wine imports in China in the first four months of the year experienced close to 30% drop amid the coronavirus pandemic, as largely expected.
Weekly digest: ‘toughest year’ for China’s wine trade, April wine imports plummet and more
Here are the essential readings on China’s wine industry this week: a Chinese official from the country’s drinks association warned 2020 will the toughest year; April wine imports plummeted; and China’s own wine rating system is starting to take shape.
Alberto Fernandez of Torres China on 20 years in China
Few had survived China’s fast-changing and precarious wine market. Navigating government regulations and the country’s notorious ‘Ganbei’ or ‘bottoms up’ culture at business dinners is not for the faint of heart or liver. Alberto Fernandez, managing partner of one of China’s biggest wine importers, Torres China, is an exception.