Dynasty Fine Wines cuts distribution to curb losses
Chinese winemaker Dynasty Fine Wines significantly cut distribution costs in the first half of 2014 in order to reduce the group's losses as it continued to suffer from weaker consumer demand in the country.
Ningxia set to build 50 ‘classified’ quality wineries
The Ningxia government has said it aims to establish 50 ‘classified’ quality wineries in the region, as part of eight goals to bolster the development of Helan Mountain East appellation.
Australian Vintage to expand in China with COFCO deal
McGuigan wines producer Australian Vintage is set to bolster its presence in China after signing a long-term distribution deal with Cofco, the state-owned food and drink conglomerate.
Changyu profits drop in the first half of 2014
China’s largest wine producer, Changyu Pioneer Wine Co, reported more falls in sales and profits in the first half of 2014, despite a slight recovery in the second quarter.
Austerity hurts Pernod's restaurant wine plan in China
Pernod Ricard's drive to sell more wine through restaurants in China has suffered a setback as austerity measures hit the French wine and spirits maker hard in the country.
China sales slump weighs on Penfolds owner Treasury Wine Estates
Penfolds and Wolf Blass owner Treasury Wine Estates has posted its first annual loss, amid a slump in sales in China.
Wine imports to China continue to drop, despite late surge
Imports of wine into China continued to drop in the first six month of 2014, despite a moderate recovery in the second quarter, according to customs statistics.
Chinese wines served at Youth Olympics Games welcome dinner
Two Chinese wines from Miyun county, Beijing were served at the official welcome dinner of the 2nd Summer Youth Olympic Games in Nanjing.
China’s new International Grape Exhibition Garden opens in Beijing’s Yangqing
China’s new International Grape Exhibition Garden, two hour’s drive outside Beijing, will be ‘China’s Bordeaux’, its director, Pang Rongnian said at the park’s opening this week.
Making wine at home is risky and needs professional support, say Chinese experts
A lack of proper fermentation conditions and professional sterilization process can make home-made wines risky to drink, experts have warned Chinese home-brew enthusiasts.