Breaking: major leadership reshuffle at ASC Fine Wines
China’s leading wine importer ASC saw major leadership reshuffles, and former CEO of Sarment will be joining as COO.
Tag: wine imports
China’s wine imports’ decline eased
China’s wine imports seem to be slowly gaining momentum as declines ease, in an early sign that demand is picking up, a year after the pandemic.
Japan’s wine imports down 7% in 2020
Japan’s wine imports in 2020 dropped by 7% in volume in 2020 compared with the previous year, as stay-at-home requests during the pandemic reduced wine consumption at restaurants and bars.
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.
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.