The overall economic slowdown affected China’s wine consumption in 2015, but wine exports to the country increased, says a Vinexpo/IWSR study released in Beijing this week.
The co-owner of Domaine de la Romanée-Conti, Aubert de Villaine, was among several high profile guests at a trade conference in Shanghai to discuss wine terroir in China.
China-based importer ASC Fine Wines plans to close its Wine Residence private members’ club in Shanghai, following weaker consumer demand for luxury wines and as part of efforts to shift investment to e-commerce and market expansion.
UNESCO World Heritage status for Barolo vineyards in 2014 recognised the important role of terroir in creating the ‘king of wines’. Ian D’Agata talked through different styles at the Decanter Shanghai Fine Wine Encounter.
China’s main sources of wine grapes are currently Xinjiang, Shandong and Hebei, and Cabernet Sauvignon is one of the key varieties being planted across China’s young wine regions, shows one of the first official reports on the subject.
Chinese company Fosun, which has a 20% stake in Spanish wine and ham firm Osborne, plans to re-start stock exchange trading after a brief suspension following news that its chairman had 'disappeared' and was understood to be involved in a police investigation.
Australia Post has collaborated with the Alibaba Group’s business-to-business (B2B) online platform 1688.com and the Margaret River Wine Association to broaden export channels for Australia wines to the Chinese wine market.
China’s young boutique wineries have begun demonstrating the potential to produce wines of international quality, but they need to find and refine their own identity, Steven Spurrier and sommelier Guo Ying said at a tasting of award winning Chinese wines at the Decanter Shanghai Fine Wine Encounter.
Château Mouton Rothschild MD Philippe Dhalluin achieved celebrity status on Chinese social media after hosting a masterclass of eight vintages, including Bordeaux 2005, 2009 and 2010, at the Decanter Shanghai Fine Wine Encounter.
Castel, France’s largest wine family, has sold one of its 22 Bordeaux wine châteaux to Chinese wine giant Changyu.