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IWSC Market Insight: the Chinese wine market

IWSC Market Insight: the Chinese wine market
iwsc.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iwsc.net Daily Mail and Mail on Sunday newspapers.

Hold my beer : Carlsberg shows industry how to keep the taps flowing in China during Covid-19 pandemic, China News

June 27, 2021 Reuters file photo Collaboration with Chinese online delivery platforms has helped Carlsberg China reach more customers in the world’s biggest beer market , helping it buck the decline seen in the wider industry caused by consumers cutting down on eating and drinking out last year. And while the worst of the impact of the Covid-19 pandemic has largely subsided, digitalisation will stick around as a key strategy at Carlsberg, said Lee Chee Kong, president of Carlsberg China. “We see digitalisation as one of our strategic priorities. In the post Covid-19 era, we will increase our investment in diversifying our distribution channels, especially in e-commerce,” Lee said.

Europe, South American wine traders expect bigger share in China market after anti-dumping duties on Australia

SOURCE / ECONOMY Europe, South American traders expect bigger share after anti-dumping duties on Australia By GT staff reporters Published: Apr 18, 2021 08:23 PM Bottles of Australian wine on the shelf of a supermarket in Hangzhou, East China s Zhejiang Province on November 27, 2020 Photo: VCG Winemakers from Europe and South America may enter a golden period of development in the Chinese market, the fifth-largest wine consumer in the world and the largest in Asia, after China imposed anti-dumping duties on Australian wine, leaving a 40-percent market gap to fill. Since March 28 when China s Ministry of Commerce imposed anti-dumping duties of 116.2-218.4 percent on Australian wine for a five-year period, imports from France, Italy, Chile and other markets into China have accelerated significantly, with imports of Italian wines even doubling as consumption picks up, media reported.

How China is devastating Australia s billion dollar wine industry

How China is devastating Australia s billion-dollar wine industry CNN 2/18/2021 © Alberto Mier/CNN South Australian winemaker Jarrad White spent almost a decade building his business in China. Then, in a matter of months, it all fell apart. It had nothing to do with the quality of White s wines at his vineyard in McLaren Vale, one of South Australia s premier winegrowing regions. Instead, it was the result of months of worsening diplomatic frictions between China and Australia. © CNN/Ben Westcott Grapes on the vine at Tahbilk winery in central Victoria in February 2020. White lived in Shanghai for several years, setting up a network of distributors to sell his Jarressa Estate wine to the booming Chinese market, where demand for foreign wines among the middle class was growing fast.

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