Wine has become an essential part of the €9 billion bilateral trade between Hong Kong and France, as city leads a 130-member business delegation to bolster business and investment ties with France. Read More
wine trade
Australia remains unyielding in its pursuit of a case at the World Trade Organization (WTO) against China's wine tariffs, its Agriculture Minister has maintained, potentially impeding the anticipated discussions on lifting wine tariffs. Read More
A surge of Australia wine exports to Hong Kong has fuelled the city’s bullish wine trade in the first half of the year, as wineries and merchants are itching to ship wines across the border in anticipation of tariff lift. Read More
Australian wine giant Treasury Wine Estates is cautiously adjusting its global shipments of its popular brand Penfolds in anticipation of China's tariff removal. Read More
The inaugural edition of Vinexpo Asia ended on a high note, attracting close to 10,000 trade professionals hailing from 64 countries over three days in Singapore as Asian markets roar back after the pandemic. Read More
China could lift its punitive tariffs on Australian wine before the end of June, according to former Australian Ambassador to China, signalling a key step to bring the bilateral wine trade back on track. Read More
France’s wine and spirits exports reached record high in 2022 thanks to inflation, making it the second largest export after aerospace goods. Read More
While Bordeaux remains a crowd pleaser in Asia, Singapore and South Korea departed from the overall trend and showed more diversity last year, according to Liv-ex data. Read More
China’s wine trade is sanguine about a long-awaited reboot in wine market this year after the country abandoned its zero-covid policy, but the optimism is tempered with caution as the recovery will likely be rocky. Read More