ASC to close Beijing Wine Residence until 2015
ASC Fine Wines has announced it will close its Wine Residence private members club in Beijing on 30 September, pending a move to a new venue next year.
Decanter Shanghai Fine Wine Encounter: The Ritz-Carlton Dining Experience
Choose to dine at one of the three superb restaurants at Ritz-Carlton Shanghai, Pudong, including Jin Xuan (Cantonese), Scena (Italian) and Aura, with special off to Decanter Shanghai Fine Wine Encounter ticket holders.
Mid-Autumn Festival: Gift sales expected to plunge as government buying drops
Like-for-like wine sales during the upcoming Mid-Autumn Festival period are set to drop sharply due to an expected reduction in gift giving, say local Chinese wine merchants.
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.