In the interview, the CEO shares why instant retail is “a new highlight in the wine distribution evolution in China" and how ASC strategically pivoted to engage the next generation of wine consumers. Read More
Wine
Zong Qinghou, the self-made drinks billionaire who once became the country’s richest man, has passed away on Sunday at age 79 after ineffective treatment of an unnamed illness. Read More
Shanghai, Beijing of course are on the list but there's one province that showed significant growth that defied the overall slump. Here are China's top 10 wine importing provinces and cities in 2023. Read More
South Korea is looking into raising purchasing limit for duty-free alcohol as a way to boost tourism, the country's Korea Customs Service (KCS) has revealed. Read More
Jancis Robinson MW OBE has been named the recipient of the 2024 Institute of Masters of Wine (IMW) Lifetime Achievement Award for her oustanding contribution to the world of wine spanning over five decades. Read More
After three years of rapid growth, Korea's imported wine market is experiencing a downturn as home consumption decreases and inventories accumulate. Read More
According to data from China's Bureau of Statistics, Chinese residents, on average, allocated about 30% of their spending to food, tobacco, and alcohol, including wine, last year. Read More
As Chinese New Year approaches, the frequency of border crossings between tax-free Hong Kong and the mainland has increased, alongside a rise in illegal wine smuggling. Read More
This vintage is particularly noteworthy as it represents the first time since 2002 that Cristal has been crafted from a blend of grapes from all 45 of the estate's vineyards, a testament to the full expression of Louis Roederer's revered cuvée. Read More
Buying wines in Thailand is gonna get much cheaper, with the country set to abolish import tarifffs completely and slash excise tax. Read More