Latest China wine news
The wine world needs to let go of its obsession with China, and stop believing that the market can solve all its problems, according to Margareth Henriquez., chief executive of Krug, the top branded Champagne house.
The crackdown in China on luxury products and gifting continues to hit major drinks players with Diageo expected to announce a further drop in sales in the country in its full year results this week including another hit on its premium baijiu brand, Shui Jing Fang.
The eighth Vinexpo Asia-Pacific kicked off yesterday with 1,300 exhibitors - making it the largest exhibition of its kind in Asia, say organisers - who hope to welcome more than 17,000 visitors to the three-day show.
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UK consumers are just discovering that Spain’s wine regions offer as much diversity, quality and value as its tapas. Andrew Catchpole reports