British multinational retailer Marks & Spencer (M&S) has launched a new online wine store on JD.com, one of China’s largest e-commerce platforms.
New Zealand wine estate Mud House Wines has sold all five of its vineyards to a Hong Kong-based company, marking Asian investors’ growing interest in the New World.
Wine consumption in China fell in 2013, according to figures that both domestic and foreign producers hope will represent a blip in the market's long-term development.
China’s domestic wine industry is going through a particularly difficult period, with reports that some growers have ripped out vines due to lower consumer demand in the country.
The amount of wine entering Mainland China through Shanghai, a key route into the country for foreign producers, dropped by 17.7% in volume in the first three months of 2014, according to customs statistics.
Figures showing a drop in overall wine imports to Mainland China hide evidence of emerging consumer demand for lesser known and lower priced labels, argue some merchants.
Chateau Guiraud is seeking to capitalise on a sales opportunity around China’s year of the horse by releasing a batch of limited edition wines featuring paintings by renowned Chinese artist Xu Beihong.
At least half the Chateau Lafite sold in China is fake and, like other high end Bordeaux counterfeits, probably made on boats moored in international waters off the mainland coast, a senior Chinese government official has said.
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China’s government is seeking to reduce confusion for consumers by standardising translations of key wine terms.