Liv-ex analyst believes the UK's vote to leave the European Union means a sudden end for the Bordeaux 2015 en primeur campaign, but there could be bargains available for opportunistic US buyers.
Out of the 133 Chinese wines tasted at this year’s Decanter World Wine Awards (DWWA), two wines, including an ice wine, were awarded the top regional award ‘Platinum Best in Category’.
The Japan drinks group Suntory intends to sell its premium range of Japanese wines in China, said the head of the group.
Hailstorms hit Northeast China wine regions Funing and Changli, Hebei, destroying over 100ha vineyards.
Jack Ma, billionaire founder of Alibaba and owner of Château de Sours in Bordeaux, has added Château Perenne in Blaye Côtes de Bordeaux to his portfolio of wine estates in the region.
Chinese authorities have agreed to protect the legal status of nearly 50 Bordeaux wine appellations in what could prove a landmark deal in the country.
Champagne needs to boost its presence in Greater China with online retailers and new educational initiatives, though the region remains cautious about protecting its name online, said head of the official trade body.
A French crossing and the Chinese equivalent to Carmenere are among the likely candidates to become China’s signature wine grape, local experts believe.
Chinese purchases of Bordeaux chateaux have jumped since the beginning of 2016, with many more showing interest, said professionals at Vinexpo HK.
China’s biggest e-commerce company, Alibaba, says its first wine sales day is set to attract 100m shoppers and that it is keen to experiment with direct importing.