Wine Australia pulls plug on China Roadshow and China’s biggest wine fair
With crushing tariffs on Australian wines and international travel restrictions due to the coronavirus pandemic, Australia is sobering up to a costly China fallout.
Tag: wine trade
Pandemic threatens Hong Kong’s role as a wine hub
Pandemic and border closure have spelled more pains for Hong Kong’s wine market, as trade data shows the fine wine hub’s role is quickly diminishing, a somewhat thorny and sensitive subject that will split wine crowds in Hong Kong.
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.
Fine wine outperforms equities in turbulent 2020
Fine wine has outperformed some of the world’s top market benchmarks, according to Liv-Ex, but Hong Kong’s role as a fine wine hub is at risk.
People on the move
Here we have rounded up latest personnel changes in Hong Kong’s wine trade and job openings in Asian wine community to help you stay on top of your wine game.
Sommeliers and importers expect business to return to pre-Covid level in Q4
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.
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.
2020 Australian wine grape harvest is down 20% …or more
In an interview the ABC, Chief of Australian Grape and Wine Tony Battaglene says the 2020 Australian wine grape crush has droppedContinue Reading
China-Australia trade tension raises fear over future of wine
All gloves are off now. Just two weeks after the Chinese ambassador to Australia threatened boycott of Australian beef andContinue Reading
Global wine trade expands in 2019 but prospects dim for 2020
The global wine trade expanded in 2019 according to the International Organisation of Vine and Wine (OIV), both in volumeContinue Reading