Penfolds, the renowned brand of Australian wine giant Treasury Wine Estates (TWE), is also producing in Ningxia, China (as Meininger's has reported). The first Chinese Penfolds wine is to be launched in October - first exclusively in China, but a global launch is planned for mid-2023, as reported in the Chinese trade media Vino Joy.
Unconfirmed reports suggesting that Beijing has blocked the importation of all Australian and New Zealand goods are denied in both countries, while China remains silent.
Two years after the imposition of tariffs by the Chinese government that threatened to destroy its huge Chinese business, Penfolds is launching a wine from the Ningxia region under its own brand. Robert Joseph reports.
Chinese wine drinkers have, until now, been influenced by traditional European preferences for dry red and white wine. But, as in the US, sales of sweeter versions of both colours are growing, as Lin Liu MW reports.
As British PM, Boris Johnson signs new trade deals with India in Delhi, Australia’s wine industry celebrates its country’s new FTA with the subcontinent. But how far will it go towards filling the hole left by China?
As Australia continues to suffer from punitive sanctions applied by Beijing, France’s biggest region moves to regain its dominance of the wine market. Natalie Wang of Vino Joy News reports.
Tradition demands the participation of individuals who are dedicated to preserving it. For the Trentino winegrowers’ cooperative Mezzacorona, this involves safeguarding the indigenous grape varieties Teroldego and Marzemino, showcasing their qualities both as monovarietal wines and in blends.