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08/20/19

"China was our fastest-growing export market," said Honore Comfort, vice president for international marketing at the Wine Institute, a San Francisco trade group. "We were heavily ramping up our activities there, adding restaurant promotions and cultivating relationships with key retailers."

08/16/19

The world's largest publicly listed winemaker has announced a huge investment in a leading Barossa Valley winery in South Australia.

08/13/19

The Chinese wine market has been showing a slowdown: thanks to shifting global imports, refined consumer taste and uncertain trade wars. But experts say it's only temporary

08/12/19

Chinese megalopolis Shenzhen is getting a taste of Northern California luxury courtesy of chef Christopher Kostow, the force behind the three-Michelin-starred Restaurant at Meadowood. Kostow's new project, which follows his more casual St. Helena business, the Charter Oak, opens in Shenzhen this weekend. It's called Ensue ...

08/12/19

The action came in response to a sharp increase in the level of force employed by Hong Kong's embattled police. Hours before the airport shutdown, two police officers elsewhere in the city had pinned a black-clad demonstrator to the concrete, one officer's knee pressing the young man's face into a pool of his own blood.

08/12/19

Editing of plant, animal, and human genomes has never been easier, as this country's scientists are rapidly demonstrating.

08/12/19

The 15,000 sq ft club, which will be situated the centre of Singapore on Orchard Road, will feature 5,000 carefully-selected bottles from 42 countries, with 1,000 wines available by the glass.

08/07/19

China said it is halting new purchases of U.S. soybeans and other agricultural products after President Trump vowed last week to impose new tariffs on Chinese goods starting in September

08/06/19

The Chinese government has asked its state-owned enterprises to suspend purchases of U.S. agricultural products ... Also, privately run Chinese crushers that had received retaliatory-tariff waivers on American soybeans from Beijing have stopped buying the commodity

08/06/19

WTP took advantage of the strengths of blockchain, IoT devices, and mobile devices to keep track of the entire lifecycle of wine from wineries to distributors. So far, the 20-plus wine products imported by D.I.G. have gone live on the platform

08/05/19

President Donald Trump intensified pressure Thursday on China to reach a trade deal by saying he will impose 10% tariffs Sept. 1 on the remaining $300 billion in Chinese imports he hasn't already taxed. The move immediately sent stock prices sinking. The president has already imposed 25% tariffs on $250 billion in Chinese products, and Beijing has retaliated by taxing $110 billion in U.S. goods.

08/05/19

China, which has historically controlled its currency, the yuan, allowed it to fall to its lowest level against the dollar in more than a decade. The onshore yuan broke above 7 per U.S. dollar and traded at 7.04

08/05/19

A spokesperson for the Chinese Ministry of Commerce said Chinese companies have stopped purchasing U.S. agricultural products in response to President Trump's new 10% tariffs on $300 billion of Chinese goods

07/30/19

The two-day meeting, set to begin Tuesday in Shanghai, follows a truce reached last month by President Donald Trump and Chinese leader Xi Jinping in their trade war. Expectations for a long-term resolution remain low: Beijing is awaiting Washington's stance on Huawei and Trump believes China may hold out until the 2020 election.

07/30/19

Gigantic forest fires have regularly raged through the vast expanses of Russia's Siberia, but the magnitude of this year's blazes has reached an exceptional level with fears of a long-term impact on the environment. More than 3.2 million hectares (7.9 million acres) were in the grip of fires on Monday, mainly in the vast regions of Yakutia in the north and Krasnoyarsk and Irkutsk in Siberia, authorities said.

07/29/19

Kaigai Fine Wine Asia is thrilled to announce its upcoming auction, taking place on October 6th at the ANA InterContinental Tokyo.

07/26/19

Since 2010, koshu has been on the International Organisation of Vine and Wine (OIV) list of varieties, so it can be displayed on labels in Europe. And last year, to insure quality, government regulations were enacted to restrict labeling of Japanese wine to vintages made wholly in the country, from vine to barrel. The volume of exports went from 45,000 liters to 58,000 liters from 2015 to 2017, up almost 30%, according to the National Tax Agency. Ambitious vintners anticipate more demand during next summer's Olympics.

07/26/19

Chinese companies are willing to import more U.S. farm goods, the Ministry of Commerce said Thursday, as envoys prepared to meet in Shanghai next week for talks aimed at ending a tariff war. The announcement appeared to be aimed at defusing President Donald Trump's criticism that Beijing was backsliding on a promise to narrow its trade surplus with the United States by purchasing more American farm products.

07/25/19

Actress, singer and director Zhao Wei is gradually building up a wine group in Bordeaux. Since 2011, the Chinese star has successively bought Châteaux Monlot (8 ha in AOC Saint-Émilion Grand Cru), Patarabet (9 ha in AOC Saint-Émilion), Senailhac (57 ha in Entre-Deux-Mers) and this year Château La Croix de la Roche (12 ha in AOC Fronsac and Bordeaux). Revealed by Laurence Lemaire, this latest acquisition was signed on March 29. Isabelle Maurin, who had owned the château since 1982, sold it due to lack of a family member willing to take over the property.

07/25/19

There's been a lot written about China's growing appetite for wine consumption (much of it from well-heeled Bordeaux estates and Burgundian domains), but the Chinese are serious about wine production too and are the world's leading grape producer, growing 11.7 million tons of fruit in 2018, equating to around 15% of global grape production.

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