“Don’t trust them,” says Leon Panetta, a rueful former US defense secretary interviewed in BBC documentary China: A New World Order, “that’s the bottom line.” It’s advice the Australian wine industry and now, apparently, the Wine & Spirit Education Trust (WSET), would have done well to heed.
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The likelihood of a free trade agreement between the UK and Australia has led to optimism among many wine producers that new possibilities lie ahead. Andrew Catchpole reports.
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A group of over 200 MPs and other legislators from 19 countries have launched a campaign against China’s swingeing new tariffs on Australian wine.
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China has imposed taxes of up to 212% on imports of Australian wine.
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A South Australian program has been launched to help open up access to markets in Japan, Malaysia, South Korea and India in the wake of continued uncertainty around shipments to China.
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Confusion continues over a potential block on Australian wine imports by China in response to ongoing tensions between Canberra and Beijing.
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The extraordinary upward curve in online wine and spirit sales appears to be flattening, suggests the latest data from Wine-Searcher.
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The double whammy of an already slowing economy compounded by coronavirus could accelerate consumer demand for reliable and legitimate wine brands in China.
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China’s relationship with wine during coronavirus had changed for the better, according to Wine Intelligence, allaying fears that lockdown had had a negative affect on the wine category.
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Global trader BI Fine Wine & Spirits has reported that its volume sales of high-end wine and rare whisky to Asia jumped 25% in March as Chinese buyers returned to the market.
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In response to the Covid-19 pandemic, The Wine & Spirit Education Trust (WSET) is fast-tracking investment plans to bring forward online delivery of all its qualifications.
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China has become the world leader in wine ecommerce and there is much we could learn, writes Emilie Steckenborn, founder of the Bottled in China Podcast.
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The Chinese wine market could contract by 20% or more and many businesses will fail as a result of coronavirus, two industry experts have said.
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The realisation first occurred in Ho Chi Minh City, after a charming waitress at 'The Garlik' restaurant produced a concise wine list. The restaurant was full of middle-class Vietnamese – and a handful of tourists – most of whom were drinking wine. I observed a similar scenario one week later, at Riedel's bar-cum-restaurant in central Bangkok. The sommelier was proselytising the virtues of white Burgundy – one of the many bottles contained in a wall-mounted enomatic machine - to a young Thai couple. I left the restaurant convinced that due to the media's powerful China obsession, the potential of these cultures to love wine was being grossly underreported.
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Spirits giant Diageo has cut its sales expectations in global markets for the coming year, with the likelihood that the recent viral outbreak in China could further impact sales in 2020.
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The Randall Wine Group (RWG) has acquired its first vineyard in Australia’s Riverland, marking the latest target in a string of acquisitions aimed to fuel its sales in China.
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Sales of UK spirits to China are up 35.5% year-on-year in the first half of 2019, a new report from the Food and Drink Federation has revealed.
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Baijiu, China’s most popular and deeply historic spirit, could be making its way to the UK thanks to a new partnership with French giant Pernod Ricard.
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Award-winning McLaren Vale winery Haselgrove Wines is set to expand its international distribution with new hires for the Chinese and US markets.
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Australia’s wine exports grew 7% by value in the 12 months to 30 September 2019 to AU$2.89bn, Wine Australia has revealed.
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