China’s holidaymakers cut back on travels and tourism related spending during the Golden Week of October but spending on dining and alcoholic beverages are on the rise as Covid rules discourage mobility. Read More
Wine
Average adult Koreans drank 53 bottles of soju, 83 bottles of beer last year despite declining alcohol consumption. Read More
Despite late resumption of business in mainland China, WSET has reported that in the last academic year (2021-2022) students from a record 75 countries enrolled for a WSET qualification, taking their exams in 15 different languages. Read More
Drinks giant Pernod Ricard reported record year of sales and profits in 2022, driven by strong, balanced and diversified growth but its wine category is lagging behind. Read More
Following a bombastic post by China's official trade organ stating a sweeping ban on Australian and New Zealand imports, both governments have come out to disperse the rumor, after it caused widespread fear and panic threatening billions of exports. Read More
China is suspending all imports from Australia and New Zealand including dairy, beef, agricultural products and wines with immediate effects, a significant escalation of tensions between China and its pacific neighbors. Read More
"China's Coca-Cola" Genki Forest has invested in Ningxia-based Chinese winery Xige Esate, likened to Chinese Penfolds for an undisclosed amount. Read More
American wine giant E&J Gallo has been named as the official wine sponsor of NFL in a multi-year contract. Read More
Seven scholars from different regions have been picked to join the first Bordeaux Mentor Week, launched by wine writer Jane Anson to promote inclusion and equity, as well as empowering the industry new-starters with valuable connections and first-hand experience on the Bordeaux wine market. Read More
China's wine and spirits imports in Q1 were pummeled by Covid, but with monthlong lockdown in Shanghai and rumors of a similar lockdown in Beijing, is the worst yet to come? Read More