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Sunday 4 December 2016 loc: GB

China

China’s Dynasty Fine Wines sells off vast stocks of top Bordeaux

China’s Dynasty Fine Wines is selling off vast quantities of its Bordeaux wine stocks worth millions of yuan, including d’Yquem, Margaux and Angélus to liquidate money to pay company debts and employees it has been reported.

Wednesday, November 23rd, 2016 1 Comment »

Domestic beers in China face headwinds while imported beers soar

Imported beers are expected to reap frothier profits in China in the coming years while domestic beers have suffered 25 straight months of decline since July 2014, according to a new report.

Monday, November 21st, 2016 No Comments »

Chinese wine visitors boost Oz tourist numbers

The number of Chinese visitors to cellar doors in Australia has increased steadily over the last three years, attributed in part to their improved knowledge of Australian wine, reports winemakers.

Monday, November 21st, 2016 No Comments »

Chinese juice company quietly snaps up 11 Bordeaux wineries

China’s leading juice maker, Huiyuan Juice Group, has quietly snapped up 11 Bordeaux wineries since 2014, and is apparently in talks to acquire an, undisclosed, grand cru classé château.

Friday, November 18th, 2016 No Comments »

Macau Customs busts wine smuggling case

A local Macau resident was arrested by the city’s customs department for attempting to smuggle 162 bottles of red wines worth MOP 30,000 (about €3,500) to Hong Kong earlier this month, reports Macau’s Customs Department.

Friday, November 18th, 2016 No Comments »

World’s ‘most expensive shot’ poured in HK

A shot of HK$68,000 (£7,000) Croizet Cognac’s Cuvée ‘Leonie’ 1858 was sold to a Chinese buyer who used it to toast president-elect Donald Trump at the InterContinental Hong Kong.

Friday, November 18th, 2016 1 Comment »

TWE files complaint to Tmall over ‘fake’ Penfolds

Treasury Wine Estates has filed a complaint to Tmall after discovering some of the site’s online “wine shops” were selling unauthorised Penfolds on Singles’ Day.

Thursday, November 17th, 2016 No Comments »

Xi Jinping’s Chile trip to boost Chilean wines

Chinese president Xi Jinping’s upcoming visit to Chile, the first of its kind by a Chinese state leader to the South American country in 12 years, is expected to give a huge boost to Chilean wine exports to China.

Wednesday, November 16th, 2016 1 Comment »

Tibetan winery plans IPO in Australia

Tibet’s first organic winery, Mo Er Duo, is planning to go public in Australia next year, according to reports.

Wednesday, November 16th, 2016 No Comments »

HK’s Wine and Spirits Fair in pictures

From suckling pig and Champagne to Japanese mascot bears and 150 year old vine Semillon, we round up some of the highlights from this year’s Hong Kong International Wine and Spirits Fair.

Wednesday, November 16th, 2016 No Comments »

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