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Travelers will be allowed to bring two bottles of wine into Taiwan, doubling the current limit. Hong Kong wine and spiri...
03/01/2025

Travelers will be allowed to bring two bottles of wine into Taiwan, doubling the current limit. Hong Kong wine and spirits merchants may be the biggest beneficiaries.

Read the story to explore why.

🎉 Let’s raise our glasses to celebrate the enriching year of 2024!đŸ·We are grateful to our readers for being with us for ...
25/12/2024

🎉 Let’s raise our glasses to celebrate the enriching year of 2024!đŸ·We are grateful to our readers for being with us for another wonderful year. Vino Joy News wishes you a Merry Christmas and a Happy New Year! đŸ„‚

#2024

Four climats from the Pouilly-Loché and Pouilly-Vinzelles appellations, located in the Mùconnais region of southern Bour...
04/12/2024

Four climats from the Pouilly-Loché and Pouilly-Vinzelles appellations, located in the Mùconnais region of southern Bourgogne, are officially recognized as Premier Crus.

The four climats—Les MĂ»res from Pouilly-LochĂ©, and Les Longeays, Les PĂ©taux, and Les Quarts from Pouilly-Vinzelles—will be officially recognized as Premier Crus starting with 2024 vintage.

Low-cost wines are becoming popular in South Korea as budget-conscious consumers seek bottles priced under 10,000 won (U...
04/12/2024

Low-cost wines are becoming popular in South Korea as budget-conscious consumers seek bottles priced under 10,000 won (US$7.06).

Retailers are responding by providing affordable options, reflecting the increasing polarization in the market.

Yantai Changyu Pioneer Wine Company Limited, China’s largest wine producer, reported a net loss of RMB 2.88 million (US$...
06/11/2024

Yantai Changyu Pioneer Wine Company Limited, China’s largest wine producer, reported a net loss of RMB 2.88 million (US$ 403,864) in its Q3 results, marking its first loss since going public in 2000.

This historic loss reflects the tough wine consumption environment in China, as consumers are spending less due to uncertain economic conditions.

Vino Joy News ranked Asia’s top 10 importers by annual revenue. The importers ranked 6th to 10th are: Walmart (China) In...
04/11/2024

Vino Joy News ranked Asia’s top 10 importers by annual revenue. The importers ranked 6th to 10th are: Walmart (China) Investment Co., Ltd., COFCO Wine and Spirits, Keumyang, Pieroth Japan, and Independent Wine & Spirits.

Click to learn more about these companies! For complete profiles of the Asian importers you need to know, download our intelligence report, Asia’s Top 50 Wine Importers.

.wine

Vino Joy News has ranked the top 10 Asian importers by annual sales revenue, providing insights into the region’s leadin...
01/11/2024

Vino Joy News has ranked the top 10 Asian importers by annual sales revenue, providing insights into the region’s leading players. Four of the top 10 importers are from Japan, including the top three. South Korea, China, and the emerging market of Thailand each have two entries.

Complete profiles of these importers are available in our report, Asia‘s Top 50 Wine Importers.

For this year‘s Hospices de Beaune Wine Sale on November 17, the sale of “Presidents’ Barrel” will benefit MĂ©decins San...
31/10/2024

For this year‘s Hospices de Beaune Wine Sale on November 17, the sale of “Presidents’ Barrel” will benefit MĂ©decins Sans FrontiĂšres and the Global Gift Foundation of America, as announced by Sotheby’s last Wednesday.

Dominic West, the British actor famous for the character Jimmy McNulty in The Wire, and French actress and director will represent MĂ©decins Sans FrontiĂšres. The Global Gift Foundation of America will be represented by , the American actress, producer, and director known for her role in Desperate Housewives, as well as French actor Jean Reno, famous for his role in LĂ©on: The Professional.

Six years after leaving, from New Zealand has made a strategic return to Hong Kong this October. The vineyard will offe...
30/10/2024

Six years after leaving, from New Zealand has made a strategic return to Hong Kong this October. The vineyard will offer Pinot Noir, GewĂŒrztraminer, and Sauvignon Blanc to the market.

Founders Misha and Andy Wilkinson have lived in Asia for many years, and the inspiration for the design of their screw caps is actually related to Asia. Click to explore!

Twelve bars across Asia made it onto The World’s 50 Best Bars 2024 list, highlighting top spots in Hong Kong, Singapore,...
28/10/2024

Twelve bars across Asia made it onto The World’s 50 Best Bars 2024 list, highlighting top spots in Hong Kong, Singapore, Bangkok, Seoul, Tokyo, and Dubai.

Ranked 2nd, Bar in Hong Kong is the highest-ranking Asian bar. With four bars featured, Singapore emerges as the favorite Asian destination on the list.

From September 29 to October 6, 2024, a group of Chinese wine buyers explored Western Australia, visiting well-known reg...
28/10/2024

From September 29 to October 6, 2024, a group of Chinese wine buyers explored Western Australia, visiting well-known regions like Margaret River and the lesser-known Great Southern Wine Region, which includes Albany, Denmark, Frankland River, Mount Barker, and Porongurup.

This marked the first visit by Chinese buyers since Australia lifted high tariffs on wine in late March, generating significant interest on both sides of the Pacific. What potential does this newfound interest hold for the future of Australian wines in the Chinese market?

Three weeks after the substantial cut in spirits tax, the Hong Kong Wine & Spirits Fair will be held from November 7 to ...
25/10/2024

Three weeks after the substantial cut in spirits tax, the Hong Kong Wine & Spirits Fair will be held from November 7 to 9, organized by the Hong Kong Trade Development Council.

This year, the number of spirits featured at the Fair is projected to rise by 20% compared to last year, according to Sophia Chong, Deputy Executive Director of HKTDC. She also mentioned that more than 20% of the over 600 exhibitors from 20 countries and regions will be presenting spirits at the event.

Ningxia, a premium wine-producing region, has published its latest wine export data. Its most significant wine export de...
25/10/2024

Ningxia, a premium wine-producing region, has published its latest wine export data. Its most significant wine export destination is a free port with zero wine tax, which is becoming an important platform for Chinese wines to connect with the global market.

Click the link in comment to find out where it is!

(Hint: Also check the hashtags.)

Australian wine exports have reached a three-year high, thanks to the re-entry into its most lucrative market, China, ac...
24/10/2024

Australian wine exports have reached a three-year high, thanks to the re-entry into its most lucrative market, China, according to the latest data released by Wine Australia.

However, how long can this growth be sustained? Wine Australia remains cautious. Will it take Australia two years to deplete the wine surplus that could fill 859 Olympic-sized swimming pools?

Spirits producers, distributors, and retailers are excited about the substantial tax cut announced last week in Hong Kon...
24/10/2024

Spirits producers, distributors, and retailers are excited about the substantial tax cut announced last week in Hong Kong, particularly those working with premium spirits that will benefit significantly from the reduction.

Moutai, the prominent Baijiu, will see a price cut in the Hong Kong market, and ZJLD Group, the only listed Baijiu company in Hong Kong, is also prepared to reduce its prices.

“With the tax reduction, it feels almost like we are opening a new market,” said Tugdual Iquel, Head of Asia for Berry Bros. & Rudd, the oldest wine and spirits merchant in the UK, highlighting the significant impact of the tax cut.

Could budget-friendly bottles ignite the next wave of wine culture in China? Once a key destination for fine wines, Chin...
23/10/2024

Could budget-friendly bottles ignite the next wave of wine culture in China? Once a key destination for fine wines, China’s market has shifted to a ‘colosseum’ for low-priced options.

Recently, ALDI introduced a case of six bottles for just RMB 99 (US$13.9), following Saizeriya‘s budget-friendly wines priced at RMB 30 to 50 per bottle, making it a ’drinking paradise‘ for many consumers.

Last Friday, the International Organisation of Vine and Wine (OIV) elected Yvette van der Merwe, Chief Executive Officer...
23/10/2024

Last Friday, the International Organisation of Vine and Wine (OIV) elected Yvette van der Merwe, Chief Executive Officer of South African Wine Industry Information and Systems (SAWIS), as the new president.

This marks the first time in its 100-year history that the organization has elected a president from an African country.

Do you know how much revenue the biggest wine importers in Thailand generated last year? The answer might surprise you!T...
22/10/2024

Do you know how much revenue the biggest wine importers in Thailand generated last year? The answer might surprise you!

Thailand is shaping up to be one of the most exciting markets to watch in 2024. The landscape has transformed significantly in recent years—mergers among importers, the removal of high taxes, and a strong recovery in tourism have created a suitable environment for rapid growth.

To find company profiles and contact information for the key importers you need to know in Thailand, check out our 2024 Asia‘s Top 50 Wine Importers. This 125-page report covers the diverse Asian market.

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Your ultimate news website on China’s wine market

Vino-joy.com is the only English news website created to bring to you the most authoritative and trustworthy reports and analysis on China’s wine market. Found by award-winning wine journalist Natalie Wang, the website is now available in four different languages, namely English, Mandarin, Cantonese and French.