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.
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.
Penfolds and Wolf Blass owner Treasury Wine Estates has posted its first annual loss, amid a slump in sales in China.
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.
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, two hour’s drive outside Beijing, will be ‘China’s Bordeaux’, its director, Pang Rongnian said at the park’s opening this week.
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.
Increasing shipment times could be putting significant financial strain on winemakers trying to import their wines into mainland China.
One of China’s oldest winemaking regions, Changli County in Hebei Province, is working to rebuild its reputation with billions of yuan in investment following accusations that some producers were making fake wines.
The average price of imported wines to Shanghai, a major gateway to the mainland China market, have continued to fall in the first half of 2014, according to customs figures.