China’s biggest wine producer Changyu suffered sharp drops in both sales and profits in 2013, due to ‘drastic changes’ in the market.
China and France have agreed to increase joint efforts to reduce the number of counterfeit French wines on the Chinese Mainland.
[Feature] This spectacular Inner Mongolian estate has already carved a sizeable market for itself within China. Now it has ambitions to put Wuhai on the international wine map.
Wine imports to Chongqing, the major city in Southwest China, are reported to have dropped by more than half in both volume and value year-on-year in the first quarter of 2014.
The organisers of ProWine China have increased the show's exhibition space by 50% for 2014, suggesting foreign wine firms remain optimistic about the country's potential.
The first shipment of Australian wines bearing a new ‘e-ID’ system, launched by the state-owned Guangdong Guangxin Group, is scheduled to leave for China next month, as a part of efforts to tackle counterfeit wines.
Exports of Australian wine to China fell in volume in the past year, but industry body Wine Australia is focusing on a more premium image for the country after a rise in demand for higher-priced wine.
Chinese wine giant Changyu is investing heavily in e-commerce to take advantage of an expected surge in online wine sales in China, the company has said.
Forget about buying Bordeaux 2013 en primeur, says Decanter consultant editor Steven Spurrier, but our experts say there will still be plenty of wines to enjoy in this 'drinking vintage'.
Pernod Ricard is launching a super-premium range under its St Hugo brand in Hong Kong and Mainland China to capitalise on growing demand for high-end Australian wines.