Latest China wine news
China has reported a 15% fall in exports and a 12% fall in imports for the month of March 2015, which has increased concerns that the Chinese economy is slowing down.
The International Organisation of Vine and Wine (OIV) estimates China’s grape vine plantings at 400k hectares. China allows its producers to blend up to 20% of foreign wine into their bottlings while allowing them to label such wines as originating from within its borders without qualification.
I am sure as an industry professional, you have heard quite a bit about Coravin. Yes, I am talking about that state-of-art, revolutionary device that can draw the wine out of a bottle without pulling out the cork while replacing the missing wine with Argon gas. The Coravin system has been adopted by many top-notch restaurant and celebrity sommeliers around the globe and it has significantly changed many high-end venues’ wine by-the-glass offer.
More China wine news
Spanish wines are becoming increasingly popular across all channels of the trade and at all price points. Make sure you keep up to date with the latest trends, regions, varieties, including what key buyers across the UK wine trade think will happen to the Spanish wine category in the next year by reading this special Harpers Country report.