Wine sales in Hong Kong and the Chinese Mainland have already become a $1 billion business as consumption has doubled twice over the last five years. Even with the annual growth slowing, China has emerged as the world's fifth-largest market for wine consumption.
China is on course to be the second largest wine consuming country behind the United States within the next five years, according to Don St Pierre Jr, co-founder of Chinese importing company, ASC Fine Wines, speaking ahead of his appearance at this month's
After launching its first shipment of directly imported US wines into China, Amazon China, Amazon.com's branch there, said the wines have received a very good response in the country, especially in Shanghai.
The annual HKTDC Hong Kong International Wine & Spirits Fair takes place November 7-9 in the Hong Kong Convention and Exhibition Centre. The fair has developed into a significant marketing platform for vineyards and wineries and a must-visit sourcing ground for international buyers.